7,139 Core Molding (CMT) COO shares withheld to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Molding Technologies’ Chief Operating Officer Eric Palomaki reported routine share dispositions related to tax withholding, not open-market sales. On March 27, 2026, a total of 7,139 shares of common stock were withheld at prices between $18.77 and $20.02 per share to cover taxes on vesting restricted stock. After these withholdings, Palomaki directly held 161,760 shares of Core Molding Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
PALOMAKI ERIC
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,549 | $18.77 | $48K |
| Tax Withholding | Common Stock | 807 | $18.77 | $15K |
| Tax Withholding | Common Stock | 1,748 | $20.02 | $35K |
| Tax Withholding | Common Stock | 2,035 | $19.15 | $39K |
Holdings After Transaction:
Common Stock — 166,350 shares (Direct)
Footnotes (1)
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Key Figures
Tax-withheld shares: 7,139 shares
Withholding at $18.77: 2,549 shares at $18.77/share
Withholding at $18.77 (second entry): 807 shares at $18.77/share
+3 more
6 metrics
Tax-withheld shares
7,139 shares
Total shares withheld for taxes on restricted stock vesting
Withholding at $18.77
2,549 shares at $18.77/share
Common stock withheld for tax obligations on Mar. 27, 2026
Withholding at $18.77 (second entry)
807 shares at $18.77/share
Additional common stock withheld for tax obligations on same date
Withholding at $20.02
1,748 shares at $20.02/share
Common stock withheld for tax obligations on Mar. 27, 2026
Withholding at $19.15
2,035 shares at $19.15/share
Common stock withheld for tax obligations on Mar. 27, 2026
Post-transaction holdings
161,760 shares
Eric Palomaki’s direct CMT common stock holding after withholdings
Key Terms
restricted stock, tax withholding obligation, Rule 16b-3(e)
3 terms
restricted stock financial
"Represents shares of restricted stock withheld to satisfy the executive's tax withholding obligation"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligation financial
"withheld to satisfy the executive's tax withholding obligation upon vesting of restricted stock"
Rule 16b-3(e) regulatory
"The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)."
FAQ
What did CMT Chief Operating Officer Eric Palomaki report in this Form 4?
Eric Palomaki reported shares withheld for taxes, not an open-market sale. On March 27, 2026, 7,139 Core Molding Technologies common shares were withheld to satisfy tax obligations from vesting restricted stock, while he retained a direct holding of 161,760 shares afterward.