{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-068784","form_type":"8-K","ticker":"TKR","cik":"0000098362","company_name":"TIMKEN CO","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.931076+00:00","generated_at":"2026-05-24T02:49:40.548401+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Timken CEO Tarak Mehta departs; former CEO Richard Kyle returns as interim","bullets":["Tarak Mehta and Timken mutually agreed to his departure as President and CEO, effective March 31, 2025; he also left the Board.","Board appointed Richard Kyle as interim President and CEO; Kyle served as CEO from 2014-2024 and most recently as advisor.","Mehta will receive a $9.25M cash settlement under a separation agreement with a general release; departure was not due to misconduct.","Kyle to receive $1.2M annual base salary, $9M deferred share award, and $3.3M in performance-based RSUs, vesting by Feb 2026 or earlier.","Kyle also eligible for standard executive benefits but not short/long-term incentives, severance, or deferred comp plans."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-068784","json":"https://secwatch.observer/filing/0001193125-25-068784.json","markdown":"https://secwatch.observer/filing/0001193125-25-068784.md","text":"https://secwatch.observer/filing/0001193125-25-068784.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98362/000119312525068784/0001193125-25-068784-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98362/000119312525068784/d924654d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:49:40.548401+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98a6345cc2","claim":"Tarak B. Mehta departed as President and Chief Executive Officer at TIMKEN CO.","evidence_excerpt":"the Company and Tarak B. Mehta, the President and Chief Executive Officer of the Company, had mutually agreed that Mr. Mehta would depart from the Company, including resigning as a member of the Company’s Board of Directors (the “Board”), effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98362/000119312525068784/0001193125-25-068784-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"f848c88565","claim":"Richard G. Kyle was appointed as interim President and Chief Executive Officer at TIMKEN CO.","evidence_excerpt":"the Board had appointed Richard G. Kyle as the interim President and Chief Executive Officer of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/98362/000119312525068784/0001193125-25-068784-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"interim President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}