Most recently Philip D. Fracassa exercised 5,000 shares worth $110,650.00 on 21 February 2017.
|Shares||Price per share||Total price||Shares after||Source|
|2017-02-21||TKR||Philip D. Fracassa||EVP & CFO||Option exercise||5,000||$22.13||$110,650.00||40,538||SEC insider form 4|
|2016-08-24||TKR||Philip D. Fracassa||EVP & CFO||Option exercise||2,500||$22.13||$55,325.00||30,784||SEC insider form 4|
The Timken Company engineers, manufactures, and markets bearings, transmissions, gearboxes, belts, chains, couplings, and related products worldwide. It operates through two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices, and systems, as well as power transmission components, engineered chains, augers, belts, and related products and maintenance services to original equipment manufacturers (OEMs) and end users of off-highway equipment, such as agricultural, construction, mining, outdoor power equipment, and powersports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which comprise bearings, helicopter transmission systems, rotor-head assemblies, turbine engine components, gears, and housings. This segment sells it parts through a network of authorized automotive and heavy-truck distributors to individual end users, equipment owners, operators, and maintenance shops. The Process Industries segment supplies industrial bearings and assemblies; power transmission components, including gears and gearboxes; and couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also supports aftermarket sales and service needs through its network of authorized industrial distributors; and offers repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end users. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.