Brandt Bryan K 4

What Happened

• Bryan K. Brandt, Senior Vice President & Chief Marketing Officer of Oshkosh Corporation, had 632.964 restricted stock units (RSUs) convert into common shares on Feb 19, 2026. The conversion is reported as an exercise/conversion of a derivative (code M) with a reported per-share value of $170.49, totaling $107,914.
• To satisfy tax withholding (code F), 283 of the newly issued shares were withheld/disposed, valued at $48,249. Net shares delivered to Brandt after withholding were 349.964. The filing also shows the RSU derivative being cancelled/converted (reported at $0), which is standard when RSUs vest and convert to stock.

Key Details

• Transaction date: 2026-02-19; Filing date: 2026-02-20 (timely, next-day filing).
• Conversion: 632.964 RSUs -> 632.964 shares at $170.49 each (total value $107,914).
• Tax withholding: 283 shares withheld/disposed to cover taxes (value $48,249); net shares retained ≈ 349.964.
• Relevant footnotes:
  • F1: Each RSU equals a contingent right to one share.
  • F3: The RSU award vests in one-third annual increments starting 2/19/2025.
  • F2: The filing corrects a prior error by removing 18.088 shares of dividend equivalents from the beneficial-ownership count.
• Filing did not state a post-transaction total beneficial-ownership number in this report.

Context

• This was a routine RSU vesting and conversion, not an open-market purchase or sale. The withholding of shares to cover taxes (a cashless tax-satisfaction method) is common and does not by itself signal a buy or sell decision.
• For retail investors, RSU conversions indicate insiders receiving company stock through compensation vesting; purchases (cash buys) are generally more informative as bullish signals than standard vesting events.