STOCK TITAN

Oshkosh EVP Awarded 12.5K RSUs in Routine Incentive Grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Oshkosh Corporation (OSK) – Form 4 insider filing

Executive Vice President & President, Transport, Stephen C. Nordlund received an equity award of 12,452 Restricted Stock Units (RSUs) on 14 July 2025. The units were granted at no cash cost and will vest in three equal annual installments beginning 14 July 2026. Following the grant, Nordlund beneficially owns 12,452 derivative securities linked to OSK common stock. No shares were sold or otherwise disposed of, meaning there is no immediate open-market impact or insider selling signal. RSU grants are a standard retention and performance incentive tool that aligns executive compensation with long-term shareholder value, but the award size is immaterial to overall share count and expected dilution.

Positive

  • Alignment of interests: Grant of 12,452 RSUs ties executive compensation to long-term share performance.
  • No insider selling: The filing shows only an acquisition, avoiding negative optics associated with stock disposals.

Negative

  • Minor dilution: Upon vesting, new shares will be issued, adding a very small amount to shares outstanding.

Insights

TL;DR: Routine RSU grant; minimal dilution, neutral signal.

The filing documents a standard incentive grant rather than a share sale. Because RSUs convert to stock over three years, the potential dilution is less than 0.02 % of OSK’s ~65 million shares—economically negligible. The absence of disposals removes any negative sentiment associated with insider selling. Overall, this award simply aligns the EVP’s compensation with future performance and has no material impact on near-term valuation or cash flow.

Insider Nordlund Stephen Craig
Role Exec. VP & Pres., Transport
Type Security Shares Price Value
Grant/Award Restricted Stock Units 12,452 $0.00 --
Holdings After Transaction: Restricted Stock Units — 12,452 shares (Direct)
Footnotes (1)
  1. Restricted Stock Unit Award granted pursuant to the Company's Stock Plan. Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on 07/14/2026.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Nordlund Stephen Craig

(Last) (First) (Middle)
C/O OSHKOSH CORPORATION
1917 FOUR WHEEL DRIVE

(Street)
OSHKOSH WI 54902

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
OSHKOSH CORP [ OSK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Exec. VP & Pres., Transport
3. Date of Earliest Transaction (Month/Day/Year)
07/14/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 07/14/2025 A 12,452 (2) (2) Common Stock 12,452 $0 12,452 D
Explanation of Responses:
1. Restricted Stock Unit Award granted pursuant to the Company's Stock Plan.
2. Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on 07/14/2026.
Ignacio A. Cortina, for Stephen C. Nordlund 07/15/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Oshkosh EVP Stephen Nordlund report in the July 2025 Form 4?

He received 12,452 Restricted Stock Units granted on 07/14/2025 at no cost.

When do the granted OSK RSUs vest?

The RSUs vest in one-third annual increments starting 07/14/2026.

Did the insider sell any Oshkosh shares?

No. The Form 4 shows no sales or disposals; only an equity award was reported.

How much potential dilution could the 12,452 RSUs create for OSK shareholders?

The award represents less than 0.02 % of the company’s outstanding shares, a negligible dilution level.

Why are RSU grants considered neutral or positive for investors?

RSUs align executives’ incentives with share performance without immediate cash outlay or selling pressure.