Verich John S 4
Research Summary
AI-generated summary
Oshkosh (OSK) SVP/Treasurer John Verich Exercises Options, Sells Shares
What Happened
- John S. Verich, SVP, Business Development and Treasurer of Oshkosh Corp (OSK), exercised options/converted derivative awards and sold shares on Feb 20, 2026. He acquired 1,050 shares via exercise at $86.59 (cost $90,920) and 710.409 shares via exercise/conversion at $175.52 (value $124,691), for roughly 1,760.4 shares acquired (aggregate value shown $215,611). On the same day he sold 1,050 shares in an open-market transaction at $176.99 for $185,834. Separately, 334 shares were surrendered/withheld to cover tax liability (reported at $175.52, $58,624). Two derivative entries are reported at $0.00, reflecting conversion/settlement of derivative awards into shares per the footnotes.
Key Details
- Transaction date: February 20, 2026.
- Prices and amounts: exercised 1,050 @ $86.59 (acq. $90,920); exercised/converted 710.409 @ $175.52 (acq. $124,691); sold 1,050 @ $176.99 (disp. $185,834); tax withholding 334 @ $175.52 (disposed $58,624). Two derivative disposals recorded at $0.00 (conversion/settlement).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes from the filing:
- F1: Each Restricted Stock Unit (RSU) converts to one share of OSK common stock.
- F2: Options granted under the Company Stock Plan.
- F3: Options vest in 1/3 annual increments starting 11/20/2027.
- F4: RSU award vests in 1/3 annual increments starting 2/20/2023.
- Filing timeliness: Report filed Feb 23, 2026 for a Feb 20 transaction; this filing is within the SEC’s Form 4 timing requirements (timely).
Context
- The filing shows option exercises/conversions and a same‑day open‑market sale of some shares. Reporting codes: M = exercise/conversion of a derivative (options/RSUs), S = open-market sale, F = payment of exercise price or tax withholding. The $0.00 derivative disposals reflect conversion/settlement of derivative awards (e.g., RSUs converting to shares), as noted in footnotes.
- This is factual reporting of insider activity; it does not by itself indicate the insider’s view on the company. Purchases/exercises increase ownership but sales (including those to cover taxes or exercise costs) are common.