Oshkosh (NYSE: OSK) SVP nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oshkosh Corp executive James C. Freeders reported equity award activity involving Restricted Stock Units and common stock. He exercised 1,107.176 Restricted Stock Units, receiving an equivalent number of Oshkosh common shares at a stated price of $170.49 per share.
Of these shares, 495 were delivered back to cover tax obligations through a tax-withholding disposition, leaving the remainder as directly owned common stock. The reported beneficial ownership figure was also adjusted to remove 28.503 shares previously included for dividend equivalents on unvested Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,107.176 shares exercised/converted
Mixed
3 txns
Insider
Freeders James C
Role
Senior VP and Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,107.176 | $0.00 | -- |
| Exercise | Common Stock | 1,107.176 | $170.49 | $189K |
| Tax Withholding | Common Stock | 495 | $170.49 | $84K |
Holdings After Transaction:
Restricted Stock Units — 1,107.173 shares (Direct);
Common Stock — 11,025.004 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of OSK common stock. The Amount of Securities Beneficially Owned has been decreased to reflect the fact that the Reporting Person's most recent filing erroneously included 28.503 shares relating to dividend equivalents on unvested Restricted Stock Units. Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on 2/19/2025.
FAQ
What insider transactions did Oshkosh (OSK) report for James C. Freeders?
Oshkosh reported that Senior VP and Controller James C. Freeders exercised 1,107.176 Restricted Stock Units into common stock and used 495 shares for tax withholding. The remaining shares increased his directly held Oshkosh common stock position as of the reported date.
Did the Oshkosh (OSK) Form 4 show an open-market stock sale?
The Form 4 for James C. Freeders did not show an open-market sale. It disclosed a derivative exercise of Restricted Stock Units and a tax-withholding disposition of 495 shares, meaning shares were surrendered to satisfy tax obligations, not sold in the open market.
When do the reported Oshkosh (OSK) Restricted Stock Units begin vesting?
A footnote explains that the Restricted Stock Unit award vests in one-third annual increments starting on February 19, 2025. This means one-third of the units become earned each year from that date, subject to the award’s terms and continued service conditions.