Gil Benavides Jesus Salvador 4

What Happened Gil Benavides, a director of FreightCar America, received a grant of 8,959 restricted shares on April 10, 2026. The award is reported at $8.93 per share, with a total value of approximately $80,004. This was an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date and type: 2026-04-10 — Grant/Award (Form 4 code A).
• Price/valuation: 8,959 shares × $8.93 = $80,004 (reported acquisition value).
• Shares owned after transaction: Not specified in the provided filing.
• Vesting: Restricted shares vest at close of business on the earlier of (i) April 10, 2027 or (ii) the last trading day before the Company’s 2027 Annual Meeting of Stockholders (footnote F2).
• Filing timeliness: This Form 4 was filed late due to an inadvertent administrative error (footnote F1). TransactionTimeliness = L.

Context Restricted stock awards are compensation and typically vest over time; they are not immediate market purchases or sales and therefore don’t directly signal a buying/selling decision. The late filing affects disclosure timeliness but the footnote attributes it to an administrative error.