Narang Mahesh 4
Research Summary
AI-generated summary
Oshkosh (OSK) EVP Mahesh Narang Receives RSUs, Sells 1,516 Shares
What Happened
- Mahesh Narang, Executive Vice President & President (Access) of Oshkosh Corp (OSK), was granted 3,083.388 restricted stock units (RSUs) on 2026-02-19 with an indicated value of $170.49 per share (total ≈ $525,687). On the same date he disposed of 1,516 shares to the issuer at $170.49 each (total ≈ $258,463). The filing also records the RSU award as a derivative grant (3,083.388 @ $0.00), reflecting that these are unvested RSUs rather than open-market purchases.
Key Details
- Transaction date: 2026-02-19; filing date: 2026-02-20 (timely).
- Grant: 3,083.388 RSUs @ $170.49 (value ≈ $525,687).
- Disposition to issuer: 1,516 shares @ $170.49 (value ≈ $258,463).
- Derivative entry: 3,083.388 RSU award recorded at $0.00 (standard for unvested RSUs).
- Shares owned after transaction: not specified in the Form 4.
- Footnotes: F1 confirms RSU award under the company stock plan; F2 corrects a prior filing error reducing previously reported dividend-equivalent shares; F3 notes RSUs vest in one-third annual increments beginning 02/19/2025.
- The filing does not state a 10b5-1 plan or other trading plan and does not indicate the disposition reason. Disposition to issuer on grant date is commonly done to satisfy tax withholding obligations.
Context
- These transactions reflect a standard RSU grant (a non-cash equity award) that will convert to stock as it vests; the immediate surrender of a portion of shares to the issuer is often used for tax withholding and does not necessarily signal market sentiment.