WEBER MARK 4

What Happened

• Mark Weber, SVP & COO of Federal Signal (FSS), received equity awards and had shares withheld to satisfy tax withholding. The filing shows acquisitions of 22,170 shares (recorded at $0), a restricted stock award of 2,577 shares, and a grant of options covering 7,796 shares (reported value $907,688). To cover tax obligations, 9,843 shares were surrendered (disposed) at $117.63 per share for a total of $1,157,832.
• Overall this is mainly compensation-related (awards and option grant) with a routine share disposition to meet tax liabilities, not an open-market sale.

Key Details

• Transaction dates and amounts:
  • 2026-02-26: Acquired 22,170 shares (A) @ $0.00
  • 2026-02-26: Disposed 9,843 shares (F — tax withholding) @ $117.63 for $1,157,832
  • 2026-02-27: Acquired 2,577 restricted shares (A) @ $0.00
  • 2026-02-27: Award/derivative grant covering 7,796 option shares (A) with reported per-share $116.43 (total $907,688)
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: The 2,577 restricted shares vest on 02/27/2029.
  • F2: The 7,796 option shares vest/exercise schedule: 2,599 on 02/27/2027; 2,598 on 02/27/2028; 2,599 on 02/27/2029.
• Filing timeliness: Report filed 2026-03-02 for transactions on 2026-02-26 and 02-27 — filing appears timely under Form 4 rules.

Context

• The 9,843-share disposition is coded F (payment of exercise price or tax liability), which typically represents withholding of shares to satisfy tax obligations from awards and is a routine administrative action rather than an investment decision.
• The 7,796-share entry reflects an option award (derivative) with multi-year vesting; these are not exercised sales. The restricted shares vest in 2029 per the footnote.