|4Feb 23, 4:36 PM ET

Cortina Ignacio A 4

4 · OSHKOSH CORP · Filed Feb 23, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-20
Cortina Ignacio A
EVP, CL&AO & Secretary
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-02-20$175.52/sh+4,296$754,03452,405.725 total
  • Tax Payment

    Common Stock

    2026-02-20$175.52/sh2,020$354,55050,385.725 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-02-20$175.52/sh+5,708$1,001,86856,093.725 total
  • Tax Payment

    Common Stock

    2026-02-20$175.52/sh2,683$470,92053,410.725 total
  • Exercise/Conversion

    Common Stock

    [F3]
    2026-02-20$175.52/sh+2,878.367$505,21156,289.092 total
  • Tax Payment

    Common Stock

    2026-02-20$175.52/sh1,353$237,47954,936.092 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4]
    2026-02-202,878.3670 total
    From: 2026-02-20Common 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

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES