Schwartzhoff Drew John 4

What Happened

• Drew John Schwartzhoff, SVP and Chief Commercial Officer of Wabash National Corp (WNC), had 595 shares disposed on 2026-02-14 as payment for tax liability (code F). The per-share amount reported was $11.86, for a total of approximately $7,057.
• This was a tax-withholding/share-surrender transaction (not an open-market sale), a routine step to satisfy tax obligations tied to an equity award or option exercise.

Key Details

• Transaction date: 2026-02-14; Filing date: Form 4 filed 2026-02-18.
• Price per share: $11.86; Shares disposed: 595; Total value: ~$7,057.
• Transaction code: F (payment of exercise price or tax liability via delivery/withholding of shares).
• Shares owned after the transaction: not specified in the provided filing.
• No indication in this filing that the shares were sold on the open market; this is a withholding to cover taxes.

Context

• When insiders surrender or have shares withheld to cover taxes (code F), it generally reflects routine tax withholding related to an equity award or option exercise (often a cashless/net settlement), and is not the same as an open-market sale that might signal a view on the stock.
• For retail investors, purchases are typically more informative than routine withholding disposals; this filing alone does not indicate a change in insider sentiment.