Oshkosh CEO exercises RSUs, withholds shares for tax
Oshkosh Corp President & CEO John C. Pfeifer reported equity award activity involving Restricted Stock Units (RSUs) and common stock.
Rhea-AI Filing Summary
Oshkosh Corp President & CEO John C. Pfeifer reported equity award activity involving Restricted Stock Units (RSUs) and common stock. He exercised or converted 13,441.758 RSUs into the same number of Oshkosh common shares at $170.49 per share, increasing his direct common stock holdings.
To cover tax obligations related to this award, 6,002 common shares were disposed of through a tax-withholding transaction, leaving him with 122,647.912 common shares held directly after these transactions. Footnotes state each RSU equals one common share and that the reported beneficial ownership was reduced to correct a prior overstatement of 343.403 shares tied to dividend equivalents on unvested RSUs.
The RSU award is scheduled to vest in one-third annual increments beginning on February 19, 2025, indicating future share delivery tied to continued service and vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,441.758 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,441.758 | $170.49 | $2.29M |
| Exercise Price or Tax Liability | Common Stock | 6,002 | $170.49 | $1.02M |
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 343.403 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 insider transactions did Oshkosh (OSK) report for John C. Pfeifer?
What do the Restricted Stock Units in Oshkosh (OSK) CEO’s filing represent?
What correction to prior Oshkosh (OSK) beneficial ownership was disclosed?
When do the Oshkosh (OSK) CEO’s RSU awards begin vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.