Verich John S 4

What Happened

• John S. Verich, Senior VP, Finance & Treasurer of Oshkosh Corporation, received a grant of 2,192 restricted stock units (RSUs) on 2026-02-16. On 2026-02-17, 1,116.222 of those RSUs converted into common shares (gross value ≈ $188,050 at $168.47/share). To cover tax withholding, 563 shares were surrendered (value ≈ $94,849), leaving a net issuance of about 553.222 shares to Verich (net value ≈ $93,201).
• This activity is a grant/vesting and conversion of RSUs rather than an open-market purchase or sale; the conversion is coded as an exercise/conversion of a derivative (Form 4 codes A and M), and the share surrender is coded as tax withholding (F).

Key Details

• Transaction dates: Grant on 2026-02-16; conversion and tax withholding on 2026-02-17. Form filed 2026-02-18.
• Prices/values: Conversion recorded at $168.47/share. Gross value of converted shares ≈ $188,050; tax withholding value ≈ $94,849; net value to insider ≈ $93,201.
• Shares involved: 2,192 RSUs granted; 1,116.222 RSUs converted to shares; 563 shares withheld for taxes; net ~553.222 shares issued to Verich.
• Vesting notes: Footnotes state the RSU award vests in one-third annual increments; one-third vested/converted on 2/17/2026, with remaining portions vesting in future years per the award terms.
• Beneficial ownership: The filing references that beneficial ownership includes shares from dividends/reinvestments (footnote) but does not list total post-transaction holdings in the provided excerpt.
• Filing timeliness: Form 4 was filed 2/18/2026 reporting 2/16–2/17 activity; no late filing indication in the submission.

Context

• These entries reflect an RSU grant and the routine conversion/settlement of vested RSUs (a common compensation event). The RSUs converted into shares and some shares were withheld to satisfy tax obligations — a standard cashless-withholding settlement, not an open-market sale or purchase.
• For retail investors, grants and vesting show management compensation alignment with stock performance but are not direct bullish purchases; they indicate company compensation actions rather than insider market bets.