Oshkosh EVP exercises RSUs, withholds shares for tax
Oshkosh Corp executive Ignacio A. Cortina reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Oshkosh Corp executive Ignacio A. Cortina reported equity award activity involving restricted stock units and common shares. On February 19, 2026, he exercised 2,372.074 Restricted Stock Units, each representing a right to receive one Oshkosh common share, resulting in acquisition of the same number of common shares at a stated price of $170.49 per share.
To cover tax obligations associated with this award, 1,115 common shares were disposed of through a tax-withholding transaction, rather than an open-market sale. After these transactions and a correction for previously overstated dividend-equivalent shares, Cortina directly held 48,109.725 common shares. A related restricted stock unit award is scheduled to vest in one-third annual increments beginning on February 19, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,372.074 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,372.074 | $170.49 | $404K |
| Exercise Price or Tax Liability | Common Stock | 1,115 | $170.49 | $190K |
Footnotes (3)
- F1. Each Restricted Stock Unit represents a contingent right to receive one share of OSK common stock.
- F2. The Amount of Securities Beneficially Owned has been decreased to reflect the fact that the Reporting Person's most recent filing erroneously included 61.485 shares relating to dividend equivalents on unvested Restricted Stock Units.
- F3. Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on 2/19/2025.
FAQ
What did Oshkosh (OSK) executive Ignacio Cortina report on this Form 4?
What do the restricted stock unit footnotes in Ignacio Cortina’s Oshkosh (OSK) filing explain?
How is the $170.49 price used in Ignacio Cortina’s Oshkosh (OSK) Form 4 transactions?
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