Cortina Ignacio A 4

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.