Pack Michael E 4

What Happened
Michael E. Pack, Executive Vice President and President, Vocational at Oshkosh Corp (OSK), had 2,767.933 restricted stock units (RSUs) convert to common shares on 2026-02-19. The conversion is reported as a derivative exercise with a gross value of $471,905 (2,767.933 × $170.49). To cover tax withholding, 1,301 shares were surrendered (disposed) valued at $221,807, leaving a net of about 1,466.933 shares retained, worth roughly $250,098 at the reported price. The filing was made the next day (2026-02-20).

Key Details

• Transaction date: 2026-02-19; filing date: 2026-02-20 (timely)
• Converted shares: 2,767.933 RSUs → shares at $170.49 per share (gross $471,905)
• Tax/withholding: 1,301 shares withheld/surrendered at $170.49 (value $221,807)
• Net shares received: 1,466.933 shares ($250,098 based on $170.49)
• Footnotes: F1 confirms each RSU converts to one share; F3 notes the award vests in 1/3 annual increments beginning 2/19/2025. F2 corrects a prior filing error about dividend-equivalent shares.
• Shares owned after the transaction: not specified in the supplied excerpt of the filing.

Context
This was an RSU settlement (reported with transaction code M for exercise/conversion and code F for tax withholding). Withholding/surrendering of shares to cover taxes is a routine administrative step and not a separate market sale or open-market disposition. Such conversions increase the insider’s actual share holdings (net of withheld shares) but do not on their own indicate buy/sell intent beyond exercising vested compensation.