Oshkosh (NYSE: OSK) SVP exercises options, sells 1,050 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oshkosh Corp SVP John S. Verich reported several transactions in company stock. He exercised options to acquire 1,050 shares of common stock at $86.59 per share through a derivative exercise. He also acquired 710.409 common shares upon conversion of restricted stock units.
On the same date, he completed an open-market sale of 1,050 common shares at a price of $176.985 per share. An additional 334 shares were disposed of to cover tax obligations related to equity awards. After these transactions, he directly owned 7,335.354 Oshkosh common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,050 shares ($185,834)
Net Sell
6 txns
Insider
Verich John S
Role
SVP Bus Devl and Treasurer
Sold
1,050 shs ($186K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options | 1,050 | $0.00 | -- |
| Exercise | Restricted Stock Units | 710.409 | $0.00 | -- |
| Exercise | Common Stock | 1,050 | $86.59 | $91K |
| Sale | Common Stock | 1,050 | $176.985 | $186K |
| Exercise | Common Stock | 710.409 | $175.52 | $125K |
| Tax Withholding | Common Stock | 334 | $175.52 | $59K |
Holdings After Transaction:
Options — 0 shares (Direct);
Restricted Stock Units — 0 shares (Direct);
Common Stock — 8,008.945 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of OSK common stock. Options (right to buy) granted pursuant to the Company's Stock Plan. Options vest in one-third (1/3) annual increments commencing on 11/20/2027. Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on 2/20/2023.
FAQ
What did Oshkosh (OSK) executive John S. Verich report in this Form 4?
John S. Verich reported exercising options and restricted stock units into Oshkosh common shares, then selling some shares and disposing of others for taxes. These equity award-related transactions changed his direct ownership position but represent routine executive compensation activity.
What types of securities were involved in John S. Verich’s Oshkosh (OSK) Form 4?
The filing shows activity in options, restricted stock units, and common stock. Options and restricted stock units, granted under Oshkosh’s stock plans, were exercised or converted, resulting in common shares that were then partly sold or withheld for taxes.