Frederick Douglas J 4

What Happened
Frederick Douglas J, Chief Operating Officer, Vice President, Secretary and Director of National Presto Industries (NPK), had 36 shares disposed on 2026-03-16 as payment of a tax liability. The shares were recorded at $131.58 each for a total value of approximately $4,737. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-03-16
• Transaction type/code: Payment of exercise price or tax liability (Code F) — shares withheld/surrendered for taxes
• Shares disposed: 36 at $131.58 each; total ≈ $4,737
• Shares owned after transaction: not specified in the provided filing
• Filing date / timeliness: Report filed 2026-03-16 (appears timely based on the provided dates)
• Footnote: Code F indicates the shares were used to satisfy tax obligations (common after option exercises or vesting)

Context
A Code F withholding typically means the insider surrendered or had shares withheld to cover taxes arising from a prior equity event (e.g., option exercise or restricted stock vesting). Such withholding transactions are routine and generally do not signal a directional view on the company stock. The dollar amount here is relatively small (~$4.7k).