Director Sells $1.75 Million in Common Stock
TKR sits 74% above its 52-week low of $67.14.
Summary
A director of Timken Co. sold $1.75 million worth of common stock in an open market transaction, continuing a trend of insider selling.
Key Events · Ownership and Investor Activity · TKR
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Director Sells Common Stock
John M. Timken, Jr., a Director, sold 15,000 shares of common stock in an open market transaction on May 8, 2026, for a total value of $1,747,650 at an average price of $116.51 per share.
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Execution of Prior Intent
This Form 4 confirms the actual sale, following a Form 144 filed on the same date that indicated the director's intent to sell these shares.
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Adds to Insider Selling Trend
This transaction contributes to a net selling trend by insiders, which has totaled over $7.5 million in open market sales over the past 90 days.
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Routine RSU Grant
Concurrently, the director received a grant of 1,280 restricted share units (RSUs) as part of compensation, which will vest in one year.
Analysis · TKR · Technology
This Form 4 confirms the execution of a previously disclosed intent to sell, with a director selling $1.75 million in common stock. While a small percentage of the company's market capitalization, this significant personal transaction adds to a recent pattern of insider distribution, occurring despite the company's strong first-quarter results and raised guidance.
At the time of this filing, TKR was trading at $117.12 on NYSE in the Technology sector, with a market capitalization of approximately $8.1B. The 52-week trading range was $67.14 to $123.67. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.