Director Sells $1.75 Million in Common Stock

summarizeSummary

A director of Timken Co. sold $1.75 million worth of common stock in an open market transaction, continuing a trend of insider selling.

check_boxKey Events

• 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.

• 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.

• 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.

• 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.

auto_awesomeAnalysis

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.