Keslin Patrick Joseph 4

What Happened Keslin Patrick Joseph, Chief Financial Officer of Wabash National Corp (WNC), received a grant of 34,335 restricted stock units (RSUs) on February 12, 2026 (reported on a Form 4 filed Feb 17, 2026). On the same date 3,901 shares were disposed/withheld to satisfy tax withholding obligations at a reported value of $11.65 per share (total ~$45,447). The RSUs were granted at $0.00 (i.e., awarded, not purchased).

Key Details

• Transaction date: February 12, 2026; Form 4 filed February 17, 2026 (appears to be filed late relative to the 2-business-day rule).
• Grant: 34,335 RSUs (acquisition code A) at $0.00.
• Withholding/disposition: 3,901 shares (code F) at $11.65 each; total withheld value ~$45,447.
• Shares owned after the transaction: not specified in the filing.
• Footnote: The RSUs will be settled in common stock and vest in three equal annual installments on Feb 12 of 2027, 2028, and 2029.

Context

• RSU grants are compensation awards, not open-market purchases; the simultaneous withholding of shares (code F) is routine tax withholding and not an active sell for investment purposes.
• Grants signal executive compensation alignment with shareholders but are not a direct bullish market indicator the way purchases are.
• The late filing reduces immediate transparency; investors tracking insider activity should note the multi-year vesting schedule before assuming near-term share impacts.