Lucian Boldea, President and CEO of Timken Co, filed a Form 4 on September 3, 2026, reporting four transactions in Timken common stock on September 1, 2026, stemming from the vesting of restricted share units and associated tax withholding.

Key Highlights

  • RSU vesting (three-year grant): 30,286 shares were acquired at $0 on September 1, 2026, representing vesting of 33% of time-based restricted share units granted on September 1, 2025.
  • Tax withholding (three-year grant): 12,750 shares were disposed of at $119.78 per share on September 1, 2026, leaving a direct holding of 17,536 shares after that transaction.
  • RSU vesting (four-year grant): 7,918 shares were acquired at $0 on September 1, 2026, representing vesting of 25% of time-based restricted share units granted on September 1, 2025.
  • Tax withholding (four-year grant): 3,333 shares were disposed of at $119.78 per share on September 1, 2026, leaving a direct beneficial ownership of 22,121 shares after all reported transactions.
  • Reporting person: Boldea serves as both Director and President and CEO, according to the filing.

Timken Co CEO Lucian Boldea: RSU Vesting Details and Resulting Share Position

According to the Form 4 filed with the SEC, Lucian Boldea of North Canton, Ohio reported four transactions in Timken Co (NYSE:TKR) common stock, all dated September 1, 2026. The filing covers activity tied to two separate tranches of time-based restricted share units, both originally granted on September 1, 2025.

The first tranche involved the vesting of 33% of a three-year restricted share unit award, resulting in the acquisition of 30,286 shares at $0. Following that acquisition, 12,750 shares were withheld (transaction code F) at a price of $119.78 per share, a disposal method commonly associated with tax withholding upon vesting. After those two transactions, Boldea held 17,536 shares directly. The second tranche reflected vesting of 25% of a four-year restricted share unit award, adding 7,918 shares at $0. A further 3,333 shares were disposed of at $119.78 per share under transaction code F. Following all four reported transactions, Boldea's direct beneficial ownership stood at 22,121 shares of Timken common stock, as stated in the filing.

The filing was signed by Lucian Boldea and dated September 3, 2026. No derivative securities transactions were reported in Table II of the form.

What Was Disclosed

The filing disclosed RSU vesting events for Timken Co's President and CEO on September 1, 2026, covering two grant tranches from 2025, along with share withholding transactions at $119.78 per share and a resulting direct ownership of 22,121 shares.