WABASH NATIONAL Corp 8-K

What Happened
Wabash National Corporation (WNC) filed an Item 5.02 8‑K on April 8, 2026 announcing that Michael N. Pettit transitioned from his role as Senior Vice President, Chief Growth Officer effective April 8, 2026 (the Transition Date). He will remain employed as a non‑executive Senior Advisor reporting to the CEO through a Separation Date in the third quarter of 2026 to assist with the leadership transition. WNC and Mr. Pettit executed a Transition Agreement dated April 8, 2026.

Key Details

• Transition Period runs from April 8, 2026 (Transition Date) until a Separation Date in Q3 2026.
• Mr. Pettit will be paid continued base salary at an annual rate of $575,000 during the Transition Period.
• He remains eligible for a pro‑rated 2026 annual incentive bonus based on service through the Separation Date and will continue vesting in outstanding equity awards through that date.
• He will not receive additional cash- or equity‑based grants during the Transition Period.
• His eventual separation is expected to be treated as a termination without cause under the company’s Executive Severance Plan (ESP), making him eligible for ESP severance subject to execution/non‑revocation of a release and compliance with restrictive covenants; because he resigned his officer role, he will not be eligible for enhanced Change in Control Plan benefits.

Why It Matters
This disclosure documents a senior leadership change and the related compensation arrangements. For investors, key takeaways are the temporary advisory role and continued salary/benefits through Q3 2026, potential severance under the ESP (subject to customary release and covenants), and that no new incentive grants will be made during the transition. The filing helps clarify near‑term executive costs and succession logistics but does not report broader changes to operational results or guidance.