Cortina Ignacio A 4
4 · OSHKOSH CORP · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Oshkosh (OSK) EVP Ignacio Cortina Exercises Awards, Withholds Shares
What Happened
- Ignacio A. Cortina, EVP, Chief Legal & Administrative Officer and Secretary of Oshkosh Corporation (OSK), exercised/converted derivative awards on Feb 20, 2026. He acquired 12,882.367 shares (three conversion/exercise events) at an attributable value of $2,261,113. To satisfy tax withholding obligations, 8,934.367 shares were withheld/disposed (reported as “F”) with a value of $1,062,949. After the transactions, his net increase in company stock was 3,948 shares. The filing was submitted on Feb 23, 2026 (timely).
Key Details
- Transaction date: Feb 20, 2026; filing date: Feb 23, 2026.
- Exercise/conversion lines: 4,296 shares ($754,034), 5,708 shares ($1,001,868), and 2,878.367 shares ($505,211) — all at $175.52 per share (reported as “M”).
- Tax withholding/disposed lines: 2,020 shares ($354,550), 2,683 shares ($470,920), 1,353 shares ($237,479), plus a 2,878.367-share derivative disposition reported at $0.00 (total withheld/disposed = 8,934.367 shares; $1,062,949).
- Net change: +3,948 shares; gross value exercised ≈ $2.26M; value withheld for taxes ≈ $1.06M; net value retained ≈ $1.20M.
- Shares owned after transaction: not specified in the provided report.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax withholding.
- Footnotes: F1/F2 = ROIC- and TSR-based performance shares under the 2024 Incentive Plan (performance period 1/1/2023–12/31/2025). F3 = each RSU equals a contingent right to one share. F4 = RSU vests in 1/3 annual increments beginning 2/20/2023.
Context
- This appears to be an exercise/conversion event with shares withheld to cover tax liabilities (a routine cashless-type settlement). Withholding of shares for taxes is common and does not necessarily signal the insider’s view on the stock. The filing was made within the standard Form 4 timing window.
Insider Transaction Report
Form 4
OSHKOSH CORPOSK
Cortina Ignacio A
EVP, CL&AO & Secretary
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-20$175.52/sh+4,296$754,034→ 52,405.725 total - Tax Payment
Common Stock
2026-02-20$175.52/sh−2,020$354,550→ 50,385.725 total - Exercise/Conversion
Common Stock
[F2]2026-02-20$175.52/sh+5,708$1,001,868→ 56,093.725 total - Tax Payment
Common Stock
2026-02-20$175.52/sh−2,683$470,920→ 53,410.725 total - Exercise/Conversion
Common Stock
[F3]2026-02-20$175.52/sh+2,878.367$505,211→ 56,289.092 total - Tax Payment
Common Stock
2026-02-20$175.52/sh−1,353$237,479→ 54,936.092 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-02-20−2,878.367→ 0 totalFrom: 2026-02-20→ Common Stock (2,878.367 underlying)
Footnotes (4)
- [F1]Shares issued pursuant to the ROIC-based Performance Shares granted under the Company's 2024 Incentive Stock and Awards Plan for the performance period January 1, 2023 through December 31, 2025.
- [F2]Shares issued pursuant to the TSR-based Performance Shares granted under the Company's 2024 Incentive Stock and Awards Plan for the performance period January 1, 2023 through December 31, 2025.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of OSK common stock.
- [F4]Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on 2/20/2023.
Signature
Ignacio A. Cortina|2026-02-23