Nordlund Steven Craig 4

What Happened

• Steven Craig Nordlund, Executive Vice President & President, Transport at Oshkosh Corp (OSK), exercised/converted derivatives on 2026-07-14 to acquire 4,214.28 shares at $145.75 per share (total value ~$614,231). Simultaneously 1,821 shares were surrendered/withheld to cover exercise price/tax withholding at $145.75 (value ~$265,411). The filing also shows 4,214.28 shares issued at $0.00, consistent with a restricted stock unit conversion.

Key Details

• Transaction date: 2026-07-14; Form 4 filed 2026-07-16 (timely).
• Exercises/conversions (code M): 4,214.28 shares @ $145.75 (acquired; ~$614,231) and 4,214.28 shares @ $0.00 (issued as conversion).
• Tax/exercise withholding (code F): 1,821 shares @ $145.75 surrendered (disposed; ~$265,411) to cover exercise price/taxes.
• Footnotes: shares relate to the Company's 2024 Incentive Stock and Awards Plan; certain shares are Restricted Stock Units (RSUs) that vest in one-third annual increments commencing 07/14/2026.
• Shares owned after the transaction: not stated in the provided filing.

Context

• This was an option/derivative exercise with a net-share settlement: some shares were issued to the insider while a portion was withheld/surrendered to cover exercise price and taxes (common administrative step, not an open-market sale).
• The $0.00 issuance likely reflects RSU conversion (no purchase price), per the footnotes noting RSU awards and vesting schedule.
• The filing is factual and timely; it does not indicate the insider’s motive or a broader change in ownership intent.