WABASH NATIONAL Corp·4

Feb 18, 3:01 PM ET

Pettit Michael N 4

Research Summary

AI-generated summary

Updated

WNC SVP Michael Pettit Surrenders Shares for Tax Withholding

What Happened
Michael N. Pettit, Senior Vice President and Chief Growth Officer of Wabash National (WNC), surrendered a total of 10,806 shares to satisfy tax withholding related to equity awards. On Feb 14, 2026 he surrendered 3,367 shares at $11.86 each for $39,933, and on Feb 15, 2026 he surrendered 7,439 shares at $11.86 each for $88,227 — about $128,160 in value combined. This was a tax-withholding disposition (not an open-market sale).

Key Details

  • Transaction dates and prices: Feb 14, 2026 — 3,367 shares @ $11.86 ($39,933); Feb 15, 2026 — 7,439 shares @ $11.86 ($88,227).
  • Total surrendered: 10,806 shares; total value ≈ $128,160.
  • Transaction code: F (payment of exercise price or tax liability — shares withheld/surrendered to cover taxes).
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Filing date: Form 4 filed Feb 18, 2026. No 10b5-1 plan or other special plan is referenced in the provided excerpt.

Context
These transactions reflect routine tax-withholding following vesting or option exercise (company retains/surrenders shares to cover tax obligations). They are not open-market sales and generally don't signal a trading view by the insider.