Schwartzhoff Drew John 4
Research Summary
AI-generated summary
Wabash National (WNC) SVP Drew Schwartzhoff Receives RSU Award
What Happened
- Drew John Schwartzhoff, Senior Vice President and Chief Commercial Officer of Wabash National Corp (WNC), was granted 32,189 restricted stock units (RSUs) on February 12, 2026 (reported as an award, code A). To cover tax withholding, 2,631 shares were disposed (code F) at $11.65 per share for a withholding value of $30,651. The RSU grant was reported with an acquisition price of $0 (typical for RSU awards).
Key Details
- Transaction date: 2026-02-12; Form 4 filed: 2026-02-17 (no late filing flagged).
- Grant: 32,189 RSUs (reported at $0.00 per share).
- Tax withholding: 2,631 shares disposed at $11.65 each, total $30,651.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: RSUs will be settled in common stock and vest in three equal annual installments on Feb 12, 2027; Feb 12, 2028; and Feb 12, 2029.
Context
- This was an equity award (acquisition of RSUs), not an open-market purchase or a sale for investment purposes. The 2,631-share disposition was routine tax withholding related to the grant. RSU grants and withholding are common compensation events and do not necessarily signal the insider’s short-term view on the stock.