Freeders James C 4

What Happened

• James C. Freeders, Senior Vice President and Controller of Oshkosh Corp (OSK), had restricted stock units (RSUs) convert/vest on 2026-02-20. The conversion resulted in 1,247.68 shares credited at $175.52 per share (total value ≈ $218,993).
• To cover tax withholding, 558 shares were surrendered/withheld at the same per-share price (value ≈ $97,940). Net shares retained after withholding: 1,247.68 − 558 = 689.68 shares (net value ≈ $121,053).
• The filing shows the RSU/derivative interest was converted (transaction code M) and a separate entry (code F) reflects the shares withheld to satisfy tax obligations. This is a vesting/conversion of awards, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-23 (filed within the usual 3-business-day window).
• Prices and values: 1,247.68 shares @ $175.52 → ~$218,993 acquired; 558 shares @ $175.52 → ~$97,940 withheld for taxes.
• Net shares retained: 689.68 shares (net value ≈ $121,053).
• Footnotes: F1 — each RSU = right to one common share; F2 — the RSU award vests in 1/3 annual increments starting 2/20/2023.
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding.
• Shares owned after transaction: not specified in the provided filing.

Context

• This was a routine vesting/conversion of RSUs and a common cashless-withholding for taxes (withholding shares rather than a cash payment). The derivative entry showing a $0 disposition represents the cancellation/conversion of the RSU award upon settlement.
• Such transactions are typically part of executive compensation plans and don't necessarily signal a change in insider sentiment; however, net share increase (≈690 shares) is a modest acquisition of stock by the insider.