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PARK OHIO HOLDINGS CORP

For the period ended May 15, 2025. Filed Apr 8, 2025.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 15, 2025 · Filed Apr 8, 2025

PKOH$43.39+9.5%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**SCHEDULE 14A

**(Rule 14a-101)

**Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No. )

Filed by the Registrant ☒

Filed by a Party other than the Registrant ☐

Check the appropriate box:

☐ Preliminary Proxy Statement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☒ Definitive Proxy Statement

☐ Definitive Additional Materials

☐ Soliciting Material Pursuant to § 240.14a-12

PARK-OHIO HOLDINGS CORP.

(Name of registrant as specified in its charter)

(Name of person(s) filing proxy statement, if other than the registrant)

Payment of Filing Fee (Check all boxes that apply):

☒ No fee required.

☐ Fee paid previously with preliminary materials.

☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

​

PARK-OHIO HOLDINGS CORP.

**6065 Parkland Boulevard

Cleveland,**Ohio 44124

Notice of 2025 Annual Meeting of Shareholders

The 2025 annual meeting of shareholders of Park-Ohio Holdings Corp., an Ohio corporation, will be held asshown below.

10:00 A.M., Eastern Time, Thursday May 15, 2025

​

6065 Parkland Boulevard,Cleveland, Ohio 44124

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1.To elect three directors to serve until the 2028 annual meeting of shareholders; 2. To approve the Amendment and Restatement of the Park-Ohio Holdings Corp. 2021 Equity and Incentive Compensation Plan, the terms of which are described in the accompanying Proxy Statement; 3.To ratify the appointment of Ernst & Young LLP as our independent auditors for fiscal year 2025; and 4.To act on other matters that are properly brought before the Annual Meeting or any adjournments, postponements or continuations thereof.

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The Board of Directors set March 21, 2025 as the record date for the Annual Meeting. This means that owners of Common Stock at the close of business on that date are entitled to (1) receive notice of the Annual Meeting and (2) vote at the Annual Meeting and any adjournments, postponements or continuations of the Annual Meeting.

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We are pleased to invite you to our 2025 Annual Meeting of Shareholders to be held at the Company’s headquarters, 6065 Parkland Blvd., Cleveland, Ohio 44124, on May 15, 2025, at 10:00 A.M. EST. Please also consider voting and submitting your proxy in advance of the Annual Meeting in lieu of attending the meeting in person. Please mark, sign and return the proxy card in the enclosed envelope. No postage is required if mailed in the United States.

By Order of the Board of Directors
​
ROBERT D. VILSACKChief Legal & Administrative Officer, Secretary
April 8, 2025​

IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FORTHE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 15, 2025:A complete set of proxy materials relating to the Annual Meeting is available on the Internetstarting on April 8, 2025. These materials, consisting of the Notice of Annual Meeting, ProxyStatement, Proxy Card and Annual Report, may be viewed at http://eproxy.pkoh.com.

Where

When

Items of

Business

Who Can

Vote and

Record Date

Voting

by Proxy

​

2025 Proxy Statementi

Proxy Statement

TABLE OF CONTENTS

General Information1
Proposal No. 1 — Election of Directors2
Biographical Information3
Nominees for Election3
Directors with Term Expiring 20264
Directors with Term Expiring 20275
Principal Shareholders6
Delinquent Section 16(a) Reports7
Corporate Governance8
Director Independence8
Risk Oversight8
Leadership Structure8
Lead Director9
Code of Business Conduct and Ethics9
Insider Trading Policy9
Anti-Hedging and Pledging Policies9
Board of Directors and Committees10
Board Meetings10
Board Committees10
Audit Committee10
Compensation Committee10
Nominating and Corporate Governance Committee10
Executive Committee11
Long-Range Planning Committee11
Shareholder Communications11
Compensation Committee Interlocks and Insider Participation11
Compensation of Directors12
Audit Committee13
Audit Committee Report13
Proposal No. 2 — Approval of the Amendment and Restatement of the Park-Ohio Holdings Corp. 2021 Equity and Incentive Compensation Plan14
Overview14
Tax Consequences to the Company and its Subsidiaries23
Awards Granted to Certain Persons23
Registration with the SEC24
Equity Compensation Plan Information24
Proposal No. 3 — Ratification of the Appointment of Independent Auditors25
Independent Auditor Fee Information25
Pre-approval Policy25

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2025 Proxy Statementii

** Table of Contents**

Executive Compensation Discussion and Analysis26
2024 Business Highlights26
Philosophy and Objectives26
Compensation Practices27
Overview27
Our Say-on-Pay Vote27
Shareholder Engagement27
Compensation Consultant27
Compensation Components28
Other Executive Compensation Arrangements and Policies31
Risk Oversight33
Compensation Committee Report33
Compensation Tables34
2024 Summary Compensation Table34
2024 Grants of Plan-Based Awards Table35
Outstanding Equity Awards at 2024 Fiscal Year-End Table35
2024 Option Exercises and Stock Vested Table36
Pension Benefits37
2024 Pension Benefits Table37
2024 Nonqualified Deferred Compensation Table37
Potential Post-Employment Payments38
CEO Pay Ratio39
Pay Versus Performance Table39
Other Matters43
Review, Approval or Ratification of Transactions with Related Persons43
Shareholder Proposals for the 2026 Annual Meeting43
Advance Notice Procedures43
Shareholders Sharing the Same Address44
Appendix A45

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2025 Proxy Statement1

PARK-OHIO HOLDINGS CORP.

**6065 Parkland Boulevard

Cleveland,**Ohio 44124

**Proxy Statement

Annual Meeting of Shareholders

May 15, 2025

GENERAL INFORMATION

ContentsView on SEC.gov

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