FreightCar America, Inc.·4

May 18, 11:33 AM ET

Kelly Travis D 4

4 · FreightCar America, Inc. · Filed May 18, 2026

Research Summary

AI-generated summary of this filing

Updated

FreightCar America (RAIL) Director Travis D. Kelly Receives Award

What Happened
Travis D. Kelly, a director of FreightCar America, was granted 8,959 restricted shares (code A) on April 10, 2026 at an effective price of $8.93 per share — a total grant value of approximately $80,004. This was an award of restricted stock under the issuer’s 2022 Long Term Incentive Plan rather than an open-market purchase or sale.

Key Details

  • Transaction date: April 10, 2026; Price per share: $8.93; Shares granted: 8,959; Total value: ~$80,004.
  • Vesting: Shares vest at the 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 (per filing footnote).
  • Ownership: The securities are held by Carpe Skiem LLC; Travis D. Kelly owns 100% of that LLC and is deemed to beneficially own these securities.
  • Filing timeliness: Form 4 was filed late due to an inadvertent administrative error (filing marked late — timeliness = 'L').

Context
Restricted-share awards are compensation and typically vest over time; they are not immediate open-market purchases and usually cannot be sold until vesting and any transfer restrictions lapse. This grant should be viewed as an insider compensation award rather than a direct market signal of buying or selling.

Insider Transaction Report

Form 4
Period: 2026-04-10
Transactions
  • Award

    Common Stock

    [F1][F2][F3]
    2026-04-10$8.93/sh+8,959$80,00439,827 total(indirect: See footnote)
Holdings
  • Common Stock

    38,739
Footnotes (3)
  • [F1]This Form 4 is being filed late due to inadvertent administrative error.
  • [F2]Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan. Shares will vest at the close of business on the earlier of (i) April 10, 2027, or (ii) the last trading day before the date of the Company's 2027 Annual Meeting of Stockholders.
  • [F3]The securities are owned by Carpe Skiem LLC. Travis D. Kelly owns 100% of Carpe Skiem LLC and is deemed to beneficially own all of the securities owned by Carpe Skiem LLC.
Signature
/s/ Michael A. Riordan, as attorney in fact|2026-05-18

Documents

1 file
  • 4
    ownership.xmlPrimary

    4