Iyengar Jayanthi 4
Research Summary
AI-generated summary
Oshkosh (OSK) CTO Jayanthi Iyengar Exercises Awards, Shares Withheld
What Happened
- Jayanthi Iyengar, EVP and Chief Technology Officer at Oshkosh Corp (OSK), received shares from vested/converted equity awards on 2026-02-20. She acquired a total of 4,748.895 shares via exercises/conversions at $175.52 per share (aggregate value ≈ $833,526). To satisfy tax withholding obligations, 2,072 shares were surrendered/withheld (value ≈ $363,677). The net result was an increase of approximately 2,676.895 shares (net value ≈ $469,849).
- These transactions reflect award vesting/exercise and tax withholding rather than open-market buying or selling.
Key Details
- Transaction date: 2026-02-20; Filing date: 2026-02-23 (filed timely).
- Price per share: $175.52.
- Shares acquired (aggregate): 1,584; 2,104; 1,060.895 — total 4,748.895 (≈ $833,526).
- Shares withheld/disposed for taxes: 691; 918; 463 — total 2,072 (≈ $363,677).
- Net new shares to insider: ~2,676.895 (≈ $469,849).
- Footnotes: awards issued pursuant to the Company's 2024 Incentive Stock and Awards Plan — ROIC- and TSR-based performance shares and Restricted Stock Units; RSUs vest in one-third annual increments beginning 2/20/2023.
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (share withholding).
- Shares owned after the transaction: not provided in the supplied data.
Context
- These were award vesting/exercise transactions with shares withheld for taxes (common "net settlement" or share withholding to cover tax liability), not open-market sales. For retail investors, note this is compensation-related issuance rather than a signal of immediate market trading intent.