Field Matthew 4
Research Summary
AI-generated summary
Oshkosh (OSK) CFO Matthew Field Exercises Options, Withholds Shares
What Happened Matthew Field, Executive Vice President & Chief Financial Officer of Oshkosh Corp (OSK), exercised stock-derived awards and received shares. On Feb 17, 2026 he exercised/converted derivative awards to acquire 2,751.053 shares at an implied value of $168.47 per share (total value reported $463,470). To satisfy tax withholding obligations, 1,318 shares were withheld/disposed (value reported $222,043). The filing also shows a grant of 5,553 restricted stock units (RSUs) on Feb 16, 2026 (awarded under the company plan).
Key Details
- Transactions dates: Grant on 2026-02-16; exercise and related withholding on 2026-02-17. Filing date: 2026-02-18 (appears timely).
- Option exercise: 2,751.053 shares acquired at $168.47 (reported $463,470).
- Tax withholding/payment: 1,318 shares withheld at $168.47 (reported $222,043) — coded “F” for tax/payment withholding.
- RSU grant: 5,553 Restricted Stock Units (RSUs) reported as acquired on 2026-02-16 at $0.00 (derivative award).
- Footnotes: F1 = each RSU converts to one share; F2 = award under company stock plan; F3/F4 = RSU vesting in one-third annual increments (filing lists commencement dates in the footnotes).
- Shares owned after transaction: not stated in the supplied summary of the filing.
Context
- This was an exercise of derivative awards (stock option/award conversion) with a portion of the resulting shares withheld to cover taxes — a common, administrative outcome when executives exercise awards. The exercise resulted in a net acquisition of shares before/after withholding (acquired 2,751.053, 1,318 withheld).
- Awards/vesting: The 5,553 RSUs are subject to multi-year vesting (one-third per year as noted in the filing’s footnotes), so those units are not immediately marketable.
- Filing timing: The Form 4 was filed two days after the Feb 16–17 transactions (filed Feb 18), which is generally within typical Form 4 reporting windows.