Freeders James C 4
Research Summary
AI-generated summary
Oshkosh (OSK) Senior VP James Freeders Exercises Options
What Happened
- James C. Freeders, Senior Vice President and Controller of Oshkosh Corp (OSK), exercised/converted derivative awards to acquire 1,107.176 shares at $170.49 per share (total value ≈ $188,762). To cover tax withholding, 495 shares were surrendered/withheld (valued at ≈ $84,393). The filing also shows a derivative conversion line associated with the exercise.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (next-day filing, not marked late).
- Exercise/Conversion: 1,107.176 shares at $170.49 (total ≈ $188,762).
- Tax withholding: 495 shares withheld/disposed at $170.49 (≈ $84,393).
- Shares owned after transaction: not specified in the excerpt; filing notes a prior correction reducing beneficial ownership by 28.503 shares.
- Footnotes of note:
- F1: Each Restricted Stock Unit (RSU) represents a contingent right to receive one share.
- F2: The beneficial ownership amount was decreased to correct a prior erroneous inclusion of 28.503 dividend-equivalent shares on unvested RSUs.
- F3: The RSU award vests in one-third annual increments beginning 2/19/2025.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price/tax withholding.
Context
- This appears to be an exercise/conversion of company awards with a routine tax-withholding disposition of shares (common in cashless exercises); it is not an open-market sale indicating a directional trade. The RSU vesting schedule and the filing correction are disclosed in the footnotes.