WABASH NATIONAL Corp 8-K

What Happened
Wabash National Corporation announced on January 5, 2026 that it will idle its Little Falls, Minnesota and Goshen, Indiana facilities and begin associated workforce reductions. The company expects the actions to be substantially complete by the end of Q2 2026 and to result in total charges of $15 million to $20 million, including both cash and mainly non‑cash (asset impairment) charges.

Key Details

• Announced/initiated January 5, 2026; plan substantially complete by end of Q2 2026.
• Headcount impacts: Little Falls — ~3 salaried and 53 hourly employees; Goshen — ~21 salaried and 193 hourly employees.
• Total charges expected: $15M–$20M; of that $1M–$2M expected to be cash (primarily associate‑related and other exit costs) and the remainder non‑cash (primarily asset impairment).
• Timing of charges: $12M–$15M to be recorded in Q4 2025 and $3M–$5M during H1 2026; majority of cash outflows expected by end of Q2 2026.
• Company says actions will reduce fixed costs in 2026 and annually thereafter and do not involve disposal or discontinuation of any business line.

Why It Matters
These actions will likely reduce Wabash’s reported earnings in Q4 2025 and into H1 2026 because of the $15–$20M of charges, though most are non‑cash impairments. Cash impact is limited ($1M–$2M), and the majority of cash outflows are expected to occur by Q2 2026. Investors should note the near‑term earnings hit but also the company’s goal of lower ongoing fixed costs starting in 2026. For full wording on the material impairments referenced, review the company’s complete 8‑K filing.