0000076282 2025-01-01 2025-12-31 0000076282 2024-01-01 2024-12-31 0000076282 2023-01-01 2023-12-31 0000076282 2022-01-01 2022-12-31 0000076282 2021-01-01 2021-12-31 0000076282 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:PnsnAdjsSvcCstMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:PnsnAdjsPrrSvcCstMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 pkoh:SCTOptionAwardsColumnValueMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0000076282 ecd:AggtChngPnsnValInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:PnsnAdjsSvcCstMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:PnsnAdjsPrrSvcCstMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 pkoh:SCTOptionAwardsColumnValueMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0000076282 1 2025-01-01 2025-12-31 iso4217:USD false 0000076282 DEF 14A PARK OHIO HOLDINGS CORP true <p id="xdx_801_eecd--AwardTmgMnpiDiscTextBlock_dU_zx25FUVFMqWd" style="font: italic 10pt/normal Arial, sans-serif; margin: 6pt 0pt; text-transform: none; color: #007ec9; text-indent: 0pt; text-align: left">Equity Compensation We have granted equity awards under our 2021 Plan to provide long-term incentive compensation opportunities intended to align the named executive officers’ interests with those of our shareholders, and to attract, retain and reward executive officers. Our Compensation Committee administers our 2021 Plan. Historically, the Compensation Committee has granted restricted shares under our 2021 Plan but awards under our 2021 Plan also can be made in the form of performance shares, restricted share units, performance units, stock appreciation rights, stock options or stock awards. There is no set formula for the granting of equity awards to named executive officers. Other than for grants of equity awards to our CEO, the Compensation Committee typically considers recommendations from our CEO when considering decisions regarding the grant of equity awards to named executive officers. The Compensation Committee grants equity awards based on its subjective judgment and discretion, and may consider a number of criteria, including the relative rank of the named executive officer, total compensation levels, and the named executive officer’s historical and ongoing contributions to our success based on subjective criteria. Because the Compensation Committee and the CEO in their discretion consider such factors as they deem relevant in determining the named executive officer’s overall equity award, other factors may cause the award in any given year to differ from historical amounts. We do not have any program, plan or obligation that requires us to grant equity awards on specific dates. We have not made equity grants in connection with the release or withholding of material, non-public information. We do not have any program, plan or obligation that requires us to grant equity awards on specific dates. false We have not made equity grants in connection with the release or withholding of material, non-public information. false <p id="xdx_809_eecd--PvpTableTextBlock_dU_gL1PTTB-SPOTBA_zteB5L4YMAjd" style="font: 14pt/normal Arial, sans-serif; margin: 1pt 0pt 6pt; text-transform: uppercase; color: #000000; text-indent: 0pt; text-align: left">PAY VERSUS PERFORMANCE TABLE Pursuant to Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, the Pay Versus Performance Table (set forth below) is required to include “compensation actually paid,” as calculated per SEC disclosure rules, to the Company’s principal executive officer (“PEO”) and the Company’s non-PEO named executive officers (“NEOs”), as noted below. “Compensation actually paid” represents a new required calculation of compensation that differs significantly from the Summary Compensation Table calculation of compensation, the NEO’s realized or earned compensation, as well as from the way in which the Compensation Committee views annual compensation decisions, as discussed in the Executive Compensation Discussion and Analysis. The amounts in the table below are calculated in accordance with SEC rules and do not represent amounts actually earned or realized by NEOs. <div style="font: 9pt/11pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-align: justify"> <table id="xdx_306_z029STetg8Q2" style="table-layout: fixed; width: 600.3pt; margin-top: 0pt; margin-bottom: 8pt; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="margin: 0; height: 0"> <td style="border-width: 0; margin: 0; padding: 0; width: 35.64pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 69pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 73.6pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 70.15pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 69pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 59.8pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 59.8pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 81.64pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 81.64pt"> </td> </tr> <tr style="min-height: 3pt"> <td rowspan="3" style="border-right: #ffffff 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Year (a) </td> <td rowspan="3" style="border-right: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Summary Compensation Table Total for PEO (b) </td> <td rowspan="3" style="border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; border-right-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Compensation Actually Paid to PEO (c)(1)(2) </td> <td colspan="4" style="border-right: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> PAY VERSUS PERFORMANCE </td> <td rowspan="3" style="border-right: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; border-left-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Net Income (loss) (h) </td> <td rowspan="3" style="border-right: #004bba 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Consolidated Adjusted Income Before Income Taxes (i)(4) </td> </tr> <tr style="max-height: 44pt; min-height: 44pt; height: 44pt"> <td rowspan="2" style="border-top: #ffffff 0.5pt solid; border-right: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Average Summary Compensation Table Total for Non-PEO Named Executive Officers (d) </td> <td rowspan="2" style="border-top: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-right-width: 0pt; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Average Compensation Actually Paid to Non-PEO Named Executive Officers (e)(1)(2) </td> <td colspan="2" style="border-top: #ffffff 0.5pt solid; border-right: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Value of Initial Fixed $100 Investment Based On: </td> </tr> <tr style="max-height: 42pt; min-height: 42pt; height: 42pt"> <td style="border-top: #ffffff 0.5pt solid; border-right: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Total Shareholder Return (f)(3) </td> <td style="border-top: #ffffff 0.5pt solid; border-right: #ffffff 0.5pt solid; border-left: #ffffff 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; vertical-align: bottom; border-collapse: collapse; border-bottom-width: 0pt"> Peer Group Total Shareholder Return (g)(3) </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> 2025 </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_982_eecd--PeoTotalCompAmt_c20250101__20251231_znCIRPnUrBia" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$3,727,172 </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 3pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> $3,541,956 </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_986_eecd--NonPeoNeoAvgTotalCompAmt_c20250101__20251231_zlDMxBEUPRFg" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$1,486,006 </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_981_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20250101__20251231_fKDEpKDIp_zIb09TjigOv4" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$1,424,935 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_984_eecd--TotalShareholderRtnAmt_pp2d_c20250101__20251231_fKDMp_zquS7Xkj7eO9" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$76.72 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98A_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20250101__20251231_fKDMp_z8x9VkF4mPP9" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$186.96 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; vertical-align: top; border-collapse: collapse"> $23,800,000 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--CoSelectedMeasureAmt_pp0p0_uUSD_c20250101__20251231_fKDQp_zU8d02D8AGhd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$35,300,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> 2024 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_987_eecd--PeoTotalCompAmt_c20240101__20241231_zlSTljKXbpna" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$5,880,378 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 3pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> $6,004,840 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98A_eecd--NonPeoNeoAvgTotalCompAmt_c20240101__20241231_zSUwIiY8qynd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$1,702,660 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_982_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20240101__20241231_fKDEpKDIp_zXXKrje5kH6b" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$1,721,649 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_983_eecd--TotalShareholderRtnAmt_pp2d_c20240101__20241231_fKDMp_zGZ4MpXxsvD7" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$93.87 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_984_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20240101__20241231_fKDMp_zmpT1TvWKQRc" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$159.03 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> $31,800,000 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98D_eecd--CoSelectedMeasureAmt_pp0p0_uUSD_c20240101__20241231_fKDQp_zcUscg6oOGw1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$52,526,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> 2023 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--PeoTotalCompAmt_c20230101__20231231_ziUaxxdLoUNf" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$5,726,975 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 3pt; vertical-align: top; border-collapse: collapse"> $10,204,842 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98E_eecd--NonPeoNeoAvgTotalCompAmt_c20230101__20231231_zMyxhbg7y5Ei" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$1,986,873 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_980_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20230101__20231231_fKDEpKDIp_zoaZ7BTOutu6" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$2,885,214 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98A_eecd--TotalShareholderRtnAmt_pp2d_c20230101__20231231_fKDMp_zEFAeVrOE8ae" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$94.61 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_981_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20230101__20231231_fKDMp_zY7z3CCOKB98" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$127.76 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; vertical-align: top; border-collapse: collapse"> $7,800,000 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_982_eecd--CoSelectedMeasureAmt_pp0p0_uUSD_c20230101__20231231_fKDQp_zXSED8Ad2ADd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$47,300,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> 2022 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_989_eecd--PeoTotalCompAmt_c20220101__20221231_zGfLxEgDFuR5" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$3,983,924 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 3pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> $2,053,461 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--NonPeoNeoAvgTotalCompAmt_c20220101__20221231_zmcFgd45IXj8" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$1,281,790 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_984_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20220101__20221231_fKDEpKDIp_zWQZemEHSYia" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$930,575 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_984_eecd--TotalShareholderRtnAmt_pp2d_c20220101__20221231_fKDMp_zcWLwdRDhV6k" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$41.67 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_982_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20220101__20221231_fKDMp_zzsyOneTSUVe" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$101.05 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> $(14,200,000) </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 7pt 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98C_eecd--CoSelectedMeasureAmt_pp0p0_uUSD_c20220101__20221231_fKDQp_zjNgXTEhfg56" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$25,600,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> 2021 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_984_eecd--PeoTotalCompAmt_c20210101__20211231_zbwisCo0davd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$6,177,464 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 3pt; vertical-align: top; border-collapse: collapse"> $3,900,081 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_982_eecd--NonPeoNeoAvgTotalCompAmt_c20210101__20211231_zTeBDfOCOJG8" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$1,430,325 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 5pt 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_986_eecd--NonPeoNeoAvgCompActuallyPaidAmt_c20210101__20211231_fKDEpKDIp_zdCCKOf9Gpc8" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$1,032,246 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98E_eecd--TotalShareholderRtnAmt_pp2d_c20210101__20211231_fKDMp_z6ZEzFaj7bu8" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$69.74 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98D_eecd--PeerGroupTotalShareholderRtnAmt_pp2d_c20210101__20211231_fKDMp_zPL8MNyBaW8d" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: center">$125.89 </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> $(24,800,000) </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98A_eecd--CoSelectedMeasureAmt_pp0p0_uUSD_c20210101__20211231_fKDQp_z4UfiSwhvqh2" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$(18,500,000) </td> </tr> </table> </div> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="display: none; visibility: hidden; vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="width: 5pt"></td><td style="text-align: justify">Matthew V. Crawford served as our principal executive officer (“PEO”) for the full year for each of 2025, 2024, 2023, 2022 and 2021. For 2025, 2024, 2023, 2022 and 2021, our non-PEO named executive officers (“NEOs”) were Patrick W. Fogarty and Robert D. Vilsack.</td> </tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="display: none; visibility: hidden; vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(2)</td><td style="width: 5pt"></td><td style="text-align: justify">For 2025, the values included in this column for the compensation actually paid to our PEO and the average compensation actually paid to our Non-PEO NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:</td> </tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="display: none; visibility: hidden; vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(3)</td><td style="width: 5pt"></td><td style="text-align: justify">For each of 2025, 2024, 2023, 2022 and 2021, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2020. The yearly percentage change in cumulative total shareholder return was measured as the quotient of (a) the sum of (i) the cumulative amount of dividends for the period from December 31, 2020 through and including the last day of the covered fiscal year (the “Measurement Period”), assuming dividend reinvestment, plus (ii) the difference between stock price per share at the end and the beginning of the Measurement Period, divided by (b) stock price per share at the beginning of the Measurement Period. Each of these yearly percentage changes was then applied to a deemed fixed investment of $100 at the beginning of the Measurement Period to produce the year-end values of such investment as of the end of 2025, 2024, 2023, 2022 and 2021 as applicable. For purposes of this pay versus performance disclosure, our peer group is the NASDAQ U.S. Benchmark TR Index (U.S. companies) (the “Peer Group”). Because fiscal years are presented in the table in reverse chronological order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.</td> </tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="display: none; visibility: hidden; vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(4)</td><td style="width: 5pt"></td><td style="text-align: justify">Consolidated adjusted income before income taxes is calculated as described in the Executive Compensation Discussion and Analysis section above.</td> </tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(1)</td><td style="width: 5pt"></td><td id="xdx_988_eecd--NamedExecutiveOfficersFnTextBlock_c20250101__20251231_z9E8iJOalI3b" style="text-align: justify">Matthew V. Crawford served as our principal executive officer (“PEO”) for the full year for each of 2025, 2024, 2023, 2022 and 2021. For 2025, 2024, 2023, 2022 and 2021, our non-PEO named executive officers (“NEOs”) were Patrick W. Fogarty and Robert D. Vilsack.</td> </tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(2)</td><td style="width: 5pt"></td><td style="text-align: justify">For 2025, the values included in this column for the compensation actually paid to our PEO and the average compensation actually paid to our Non-PEO NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively:</td> </tr></table> <div style="font: 9pt/11pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-align: justify"> <div id="xdx_845_eecd--AdjToPeoCompFnTextBlock_dU_zb7Ns9gOd1W5"></div> <table id="xdx_306_z6GMwmF4S5h6" style="table-layout: fixed; width: 599.72pt; margin-top: 0pt; margin-bottom: 8pt; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="margin: 0; height: 0"> <td style="border-width: 0; margin: 0; padding: 0; width: 517.5pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 82.22pt"> </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #004bba 0.5pt solid; border-bottom: #d8ebf6 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> Matthew V. Crawford </td> <td style="border-right: #004bba 0.5pt solid; border-bottom: #d8ebf6 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> 2025 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #d8ebf6 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Summary Compensation Table Total for PEO (column (b)) </td> <td style="border-top: #d8ebf6 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98A_eecd--PeoTotalCompAmt_pp0p0_c20250101__20251231_z6zC8Frlxdp6" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="PEO Total Compensation Amount">$3,727,172 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> - aggregate change in actuarial present value of pension benefits </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98C_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--AggtChngPnsnValInSummryCompstnTblForAplblYrMember_z2ZyBSQHJn39" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$18,234 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + service cost of pension benefits </td> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_986_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsSvcCstMember_z2Wak5ePasx9" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$8,083 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + prior service cost of pension benefits </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_984_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsPrrSvcCstMember_z3Gvhg7OUoe7" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> - SCT “Stock Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_982_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--EqtyAwrdsInSummryCompstnTblForAplblYrMember_z5QrtJl18cOi" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$984,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> - SCT “Option Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_986_eecd--AdjToCompAmt_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--SCTOptionAwardsColumnValueMember_fKGEp_zFiRBgrRnFtf" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember_zEasOLSeBCA1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$1,256,400 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_980_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember_zkq0soNFzveb" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">-$906,100 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + vesting date fair value of equity awards granted and vested in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_981_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember_zeGFM1ARN04k" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- the difference between the fair value as of the end of the prior fiscal year and the vesting date </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_985_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember_zY3SX0rvfsN9" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">+$359,468 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> - fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_988_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember_zDMZTl7GiNGl" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + dollar value of dividends/earnings paid on equity awards in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_988_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember_zfZiA8b5rqbi" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$99,167 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Compensation Actually Paid to PEO (column (c)) </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_989_eecd--PeoActuallyPaidCompAmt_pp0p0_c20250101__20251231_zQcIOCgVCkKd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="PEO Total Compensation Amount">$3,541,956 </td> </tr> </table> <div id="xdx_850_zo9GIBmSFo9"></div> </div> <div style="font: 9pt/11pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-align: justify"> <div id="xdx_84B_eecd--AdjToNonPeoNeoCompFnTextBlock_dU_zkMdPiv3seal"></div> <table id="xdx_305_zCnGMAar4G6g" style="table-layout: fixed; width: 599.72pt; margin-top: 0pt; margin-bottom: 8pt; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="margin: 0; height: 0"> <td style="border-width: 0; margin: 0; padding: 0; width: 517.5pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 82.22pt"> </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #004bba 0.5pt solid; border-bottom: #007ec9 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> AVERAGE FOR NON-PEO NEOS </td> <td style="border-right: #004bba 0.5pt solid; border-bottom: #007ec9 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> 2025 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #007ec9 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Average SCT Total for Non-PEO NEOs (column (d)) </td> <td style="border-top: #007ec9 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_986_eecd--NonPeoNeoAvgTotalCompAmt_pp0p0_c20250101__20251231_ztiqhYgXYrw3" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="Non-PEO NEO Average Total Compensation Amount">$1,486,006 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> - aggregate change in actuarial present value of pension benefits </td> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_982_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--AggtChngPnsnValInSummryCompstnTblForAplblYrMember_zu6rKEzht403" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$17,308 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + service cost of pension benefits </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_981_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsSvcCstMember_zWOgr56p5lq7" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$8,103 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + prior service cost of pension benefits </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_983_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsPrrSvcCstMember_ze6GTRpareKd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> - SCT “Stock Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_983_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--EqtyAwrdsInSummryCompstnTblForAplblYrMember_zGNwJT458pFf" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$410,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> - SCT “Option Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--AdjToCompAmt_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--SCTOptionAwardsColumnValueMember_fKGEp_zGeK0NADUdGk" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember_zy8wrnK2ILRl" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$523,500 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_985_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember_zXFFTuQXwt78" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">-$270,279 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + vesting date fair value of equity awards granted and vested in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_988_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember_zemgMlhAhIx1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- the difference between the fair value as of the end of the prior fiscal year and the vesting date </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98B_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember_zxwV6qWlR7v5" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">+$79,340 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> - fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_985_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember_zSlMsAlFagl1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + dollar value of dividends/earnings paid on equity awards in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_981_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember_zbe2TGllFUF2" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$25,573 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Average Compensation Actually Paid to Non-PEO NEOs (column (e)) </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98B_eecd--NonPeoNeoAvgCompActuallyPaidAmt_pp0p0_c20250101__20251231_zuy4aUiiXD3g" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="Non-PEO NEO Average Compensation Actually Paid Amount">$1,424,935 </td> </tr> </table> <div id="xdx_858_zZlzzAKiYcRb"></div> </div> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(3)</td><td style="width: 5pt"></td><td id="xdx_98D_eecd--PeerGroupIssuersFnTextBlock_c20250101__20251231_zZyvrU5F5njd" style="text-align: justify">For each of 2025, 2024, 2023, 2022 and 2021, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2020. The yearly percentage change in cumulative total shareholder return was measured as the quotient of (a) the sum of (i) the cumulative amount of dividends for the period from December 31, 2020 through and including the last day of the covered fiscal year (the “Measurement Period”), assuming dividend reinvestment, plus (ii) the difference between stock price per share at the end and the beginning of the Measurement Period, divided by (b) stock price per share at the beginning of the Measurement Period. Each of these yearly percentage changes was then applied to a deemed fixed investment of $100 at the beginning of the Measurement Period to produce the year-end values of such investment as of the end of 2025, 2024, 2023, 2022 and 2021 as applicable. For purposes of this pay versus performance disclosure, our peer group is the NASDAQ U.S. Benchmark TR Index (U.S. companies) (the “Peer Group”). Because fiscal years are presented in the table in reverse chronological order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time.</td> </tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt/normal Arial, sans-serif; color: #000000; margin-top: 0; margin-bottom: 6pt; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 15pt; text-align: right">(4)</td><td style="width: 5pt"></td><td style="text-align: justify">Consolidated adjusted income before income taxes is calculated as described in the Executive Compensation Discussion and Analysis section above.</td> </tr></table> Consolidated Adjusted Income Before Income Taxes 3727172 3541956 1486006 1424935 76.72 186.96

23800000

35300000 5880378 6004840 1702660 1721649 93.87 159.03

31800000

52526000 5726975 10204842 1986873 2885214 94.61 127.76

7800000

47300000 3983924 2053461 1281790 930575 41.67 101.05

-14200000

25600000 6177464 3900081 1430325 1032246 69.74 125.89

-24800000

-18500000 Matthew V. Crawford served as our principal executive officer (“PEO”) for the full year for each of 2025, 2024, 2023, 2022 and 2021. For 2025, 2024, 2023, 2022 and 2021, our non-PEO named executive officers (“NEOs”) were Patrick W. Fogarty and Robert D. Vilsack. Matthew V. Crawford Matthew V. Crawford Matthew V. Crawford Matthew V. Crawford Matthew V. Crawford <div id="xdx_845_eecd--AdjToPeoCompFnTextBlock_dU_zb7Ns9gOd1W5"></div> <table id="xdx_306_z6GMwmF4S5h6" style="table-layout: fixed; width: 599.72pt; margin-top: 0pt; margin-bottom: 8pt; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="margin: 0; height: 0"> <td style="border-width: 0; margin: 0; padding: 0; width: 517.5pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 82.22pt"> </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #004bba 0.5pt solid; border-bottom: #d8ebf6 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> Matthew V. Crawford </td> <td style="border-right: #004bba 0.5pt solid; border-bottom: #d8ebf6 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> 2025 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #d8ebf6 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Summary Compensation Table Total for PEO (column (b)) </td> <td style="border-top: #d8ebf6 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98A_eecd--PeoTotalCompAmt_pp0p0_c20250101__20251231_z6zC8Frlxdp6" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="PEO Total Compensation Amount">$3,727,172 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> - aggregate change in actuarial present value of pension benefits </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98C_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--AggtChngPnsnValInSummryCompstnTblForAplblYrMember_z2ZyBSQHJn39" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$18,234 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + service cost of pension benefits </td> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_986_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsSvcCstMember_z2Wak5ePasx9" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$8,083 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + prior service cost of pension benefits </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_984_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsPrrSvcCstMember_z3Gvhg7OUoe7" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> - SCT “Stock Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_982_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--EqtyAwrdsInSummryCompstnTblForAplblYrMember_z5QrtJl18cOi" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$984,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> - SCT “Option Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_986_eecd--AdjToCompAmt_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__custom--SCTOptionAwardsColumnValueMember_fKGEp_zFiRBgrRnFtf" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember_zEasOLSeBCA1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$1,256,400 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_980_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember_zkq0soNFzveb" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">-$906,100 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + vesting date fair value of equity awards granted and vested in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_981_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember_zeGFM1ARN04k" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- the difference between the fair value as of the end of the prior fiscal year and the vesting date </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_985_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember_zY3SX0rvfsN9" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">+$359,468 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> - fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_988_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember_zDMZTl7GiNGl" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + dollar value of dividends/earnings paid on equity awards in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_988_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--PeoMember__ecd--AdjToCompAxis__ecd--DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember_zfZiA8b5rqbi" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$99,167 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Compensation Actually Paid to PEO (column (c)) </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_989_eecd--PeoActuallyPaidCompAmt_pp0p0_c20250101__20251231_zQcIOCgVCkKd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="PEO Total Compensation Amount">$3,541,956 </td> </tr> </table> 3727172 -18234 8083 0 -984000 0 1256400 -906100 0 359468 0 99167 3541956 <div id="xdx_84B_eecd--AdjToNonPeoNeoCompFnTextBlock_dU_zkMdPiv3seal"></div> <table id="xdx_305_zCnGMAar4G6g" style="table-layout: fixed; width: 599.72pt; margin-top: 0pt; margin-bottom: 8pt; border-collapse: collapse" summary="xdx: Disclosure - Pay vs Performance Disclosure"> <tr style="margin: 0; height: 0"> <td style="border-width: 0; margin: 0; padding: 0; width: 517.5pt"> </td> <td style="border-width: 0; margin: 0; padding: 0; width: 82.22pt"> </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #004bba 0.5pt solid; border-bottom: #007ec9 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> AVERAGE FOR NON-PEO NEOS </td> <td style="border-right: #004bba 0.5pt solid; border-bottom: #007ec9 0.5pt solid; border-left: #004bba 0.5pt solid; padding: 2pt 4pt; background-color: #004bba; border-top-width: 0pt; vertical-align: bottom; border-collapse: collapse"> 2025 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #007ec9 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Average SCT Total for Non-PEO NEOs (column (d)) </td> <td style="border-top: #007ec9 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_986_eecd--NonPeoNeoAvgTotalCompAmt_pp0p0_c20250101__20251231_ztiqhYgXYrw3" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="Non-PEO NEO Average Total Compensation Amount">$1,486,006 </td> </tr> <tr style="min-height: 3pt"> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> - aggregate change in actuarial present value of pension benefits </td> <td style="border-top: #7f7f7f 0.5pt solid; border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_982_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--AggtChngPnsnValInSummryCompstnTblForAplblYrMember_zu6rKEzht403" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$17,308 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + service cost of pension benefits </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_981_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsSvcCstMember_zWOgr56p5lq7" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$8,103 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> + prior service cost of pension benefits </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_983_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--PnsnAdjsPrrSvcCstMember_ze6GTRpareKd" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> - SCT “Stock Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; border-top-width: 0pt; vertical-align: top; border-collapse: collapse; border-bottom-width: 0pt"> <p id="xdx_983_eecd--AdjToCompAmt_iN_pp0p0_di_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--EqtyAwrdsInSummryCompstnTblForAplblYrMember_zGNwJT458pFf" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$410,000 </td> </tr> <tr style="min-height: 3pt"> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> - SCT “Option Awards” column value </td> <td style="border-right: #7f7f7f 0.5pt solid; border-bottom: #7f7f7f 0.5pt solid; border-left: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; border-top-width: 0pt; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--AdjToCompAmt_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__custom--SCTOptionAwardsColumnValueMember_fKGEp_zGeK0NADUdGk" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + year-end fair value of equity awards granted in the covered year that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98F_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember_zy8wrnK2ILRl" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$523,500 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- year-over-year change in fair value of equity awards granted in prior years that are outstanding and unvested as of the covered year-end </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_985_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember_zXFFTuQXwt78" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">-$270,279 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + vesting date fair value of equity awards granted and vested in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_988_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember_zemgMlhAhIx1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> +/- the difference between the fair value as of the end of the prior fiscal year and the vesting date </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98B_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember_zxwV6qWlR7v5" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">+$79,340 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> - fair value as of prior-year end of equity awards granted in prior years that failed to vest in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_985_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember_zSlMsAlFagl1" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$0 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> + dollar value of dividends/earnings paid on equity awards in the covered year </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_981_eecd--AdjToCompAmt_pp0p0_c20250101__20251231__ecd--ExecutiveCategoryAxis__ecd--NonPeoNeoMember__ecd--AdjToCompAxis__ecd--DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember_zbe2TGllFUF2" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right">$25,573 </td> </tr> <tr style="min-height: 3pt"> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> Average Compensation Actually Paid to Non-PEO NEOs (column (e)) </td> <td style="border: #7f7f7f 0.5pt solid; padding: 2pt 4pt; background-color: #d8ebf6; vertical-align: top; border-collapse: collapse"> <p id="xdx_98B_eecd--NonPeoNeoAvgCompActuallyPaidAmt_pp0p0_c20250101__20251231_zuy4aUiiXD3g" style="font: 10pt/normal Arial, sans-serif; margin: 0 0pt; text-transform: none; color: #000000; text-align: right" title="Non-PEO NEO Average Compensation Actually Paid Amount">$1,424,935 </td> </tr> </table> 1486006 -17308 8103 0 -410000 0 523500 -270279 0 79340 0 25573 1424935 For each of 2025, 2024, 2023, 2022 and 2021, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2020. The yearly percentage change in cumulative total shareholder return was measured as the quotient of (a) the sum of (i) the cumulative amount of dividends for the period from December 31, 2020 through and including the last day of the covered fiscal year (the “Measurement Period”), assuming dividend reinvestment, plus (ii) the difference between stock price per share at the end and the beginning of the Measurement Period, divided by (b) stock price per share at the beginning of the Measurement Period. Each of these yearly percentage changes was then applied to a deemed fixed investment of $100 at the beginning of the Measurement Period to produce the year-end values of such investment as of the end of 2025, 2024, 2023, 2022 and 2021 as applicable. For purposes of this pay versus performance disclosure, our peer group is the NASDAQ U.S. Benchmark TR Index (U.S. companies) (the “Peer Group”). Because fiscal years are presented in the table in reverse chronological order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time. The following table lists the financial performance measure that we believe represents the most important and only financial performance measure we use to link compensation actually paid to our NEOs for fiscal 2025 to our performance: <div style="font: 9pt/11pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-align: center"> <table style="margin: 0pt auto 8pt; table-layout: fixed; width: 303.59pt; border-collapse: collapse"> <tr style="margin: 0; height: 0"> <td style="border-width: 0; margin: 0; padding: 0; width: 303.59pt"> </td> </tr> <tr style="min-height: 0pt"> <td style="border: #000000 0.5pt solid; padding: 2pt 4pt; vertical-align: middle; border-collapse: collapse"> Consolidated Adjusted Income Before Income Taxes </td> </tr> </table> </div> Consolidated Adjusted Income Before Income Taxes <div id="xdx_809_eecd--CompActuallyPaidVsTotalShareholderRtnTextBlock_dU_zjJYrGbflhKd"> </div> <div id="xdx_84A_eecd--TotalShareholderRtnVsPeerGroupTextBlock_dU_zdPu2PETHpRb"></div> <img alt="" src="parkohio-def14a_051426img007.gif" style="vertical-align: top; margin-left: 0pt; width: 402.49pt; margin-top: 0pt; height: 294.4pt"/> <div id="xdx_84A_eecd--TotalShareholderRtnVsPeerGroupTextBlock_dU_zdPu2PETHpRb"></div> <img alt="" src="parkohio-def14a_051426img007.gif" style="vertical-align: top; margin-left: 0pt; width: 402.49pt; margin-top: 0pt; height: 294.4pt"/> <div id="xdx_804_eecd--CompActuallyPaidVsNetIncomeTextBlock_dU_z2IySFbp3JH3"></div> <img alt="" src="parkohio-def14a_051426img008.gif" style="vertical-align: top; margin-left: 0pt; width: 402.49pt; margin-top: 0pt; height: 295.54pt"/> <div id="xdx_808_eecd--CompActuallyPaidVsCoSelectedMeasureTextBlock_dU_zxU1yUHVUATk"></div> <img alt="" src="parkohio-def14a_051426img009.gif" style="vertical-align: top; margin-left: 0pt; width: 403.65pt; margin-top: 0pt; height: 292.09pt"/> Matthew V. Crawford served as our principal executive officer (“PEO”) for the full year for each of 2025, 2024, 2023, 2022 and 2021. For 2025, 2024, 2023, 2022 and 2021, our non-PEO named executive officers (“NEOs”) were Patrick W. Fogarty and Robert D. Vilsack. For 2025, the values included in this column for the compensation actually paid to our PEO and the average compensation actually paid to our Non-PEO NEOs reflect the following adjustments to the values included in column (b) and column (d), respectively: For each of 2025, 2024, 2023, 2022 and 2021, total shareholder return for the Company and the peer group was calculated as the yearly percentage change in cumulative total shareholder return based on a deemed fixed investment of $100 at market close on December 31, 2020. The yearly percentage change in cumulative total shareholder return was measured as the quotient of (a) the sum of (i) the cumulative amount of dividends for the period from December 31, 2020 through and including the last day of the covered fiscal year (the “Measurement Period”), assuming dividend reinvestment, plus (ii) the difference between stock price per share at the end and the beginning of the Measurement Period, divided by (b) stock price per share at the beginning of the Measurement Period. Each of these yearly percentage changes was then applied to a deemed fixed investment of $100 at the beginning of the Measurement Period to produce the year-end values of such investment as of the end of 2025, 2024, 2023, 2022 and 2021 as applicable. For purposes of this pay versus performance disclosure, our peer group is the NASDAQ U.S. Benchmark TR Index (U.S. companies) (the “Peer Group”). Because fiscal years are presented in the table in reverse chronological order (from top to bottom), the table should be read from bottom to top for purposes of understanding cumulative returns over time. Consolidated adjusted income before income taxes is calculated as described in the Executive Compensation Discussion and Analysis section above.