Iyengar Jayanthi 4
Research Summary
AI-generated summary
Oshkosh (OSK) CTO Jayanthi Iyengar Exercises RSUs
What Happened
- Jayanthi Iyengar, EVP and Chief Technology Officer of Oshkosh Corporation (OSK), had 870.069 restricted stock units (RSUs convert/ exercised) on 2026-02-19, resulting in the acquisition of 870.069 shares with a reported value of $148,338. Of those shares, 380 were surrendered/withheld to cover tax obligations (disposed) valued at $64,786. Net increase: 490.069 shares retained by the insider after withholding.
- This was an RSU vesting/conversion and tax-withholding event rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-19; Form 4 filed 2026-02-20 (filed promptly).
- Gross value of shares acquired on vesting: $148,338 (870.069 shares @ $170.49).
- Tax withholding: 380 shares surrendered/withheld, valued at $64,786 (380 @ $170.49).
- Net shares retained from the transaction: 490.069 shares.
- Footnotes: F1 notes each RSU converts to one share; F4 shows the RSU award vests in one-third annual increments starting 2/19/2025. F2 corrects a prior filing that had erroneously included 43.615 dividend-equivalent shares. F3 notes dividend reinvestments are included in beneficial ownership.
- No indication this was a 10% owner transaction or a 10b5-1 sale plan; this is routine vesting and tax withholding.
Context
- This was a standard RSU vesting/conversion with shares withheld to satisfy tax liabilities (a common practice). Such transactions reflect compensation realization rather than an independent market buy or sell decision by the insider.
- For retail investors, purchases can be a stronger signal than routine vesting events; this filing primarily documents compensation vesting and withholding.