Otter Tail CFO granted 1,400 restricted stock units
Otter Tail Corporation’s Chief Financial Officer Todd R. Wahlund reported an equity compensation grant on a Form 4.
Rhea-AI Filing Summary
Otter Tail Corporation’s Chief Financial Officer Todd R. Wahlund reported an equity compensation grant on a Form 4. On February 10, 2026, he acquired 1,400 restricted stock units (RSUs), with no cash price shown for the award.
Each RSU represents a contingent right to receive one share of Otter Tail Corporation common stock. These RSUs are scheduled to vest in four equal annual installments beginning on February 6, 2027. The filing also lists existing RSU awards and common stock positions that he holds directly, through an ESOP, and via his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,400 shares
Grant/Award
8 txns
Insider
Wahlund Todd R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,400 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,185 contracts for 2,785 underlying shares (Direct);
Common Stock — 10,029 shares (Direct);
Common Stock — 3,048 shares (Indirect, By ESOP);
Common Stock — 7 shares (Indirect, By Spouse)
Footnotes (4)
- F1. Total direct holdings include shares acquired through the dividend reinvestment plan, the Employee Stock Purchase Plan, and shares acquired pursuant to restricted stock unit distributions.
- F2. Each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock.
- F3. The restricted stock units vest in four equal annual installments beginning the date shown above.
- F4. Restricted stock units vest four years from date shown above.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Otter Tail (OTTR) report for its CFO?
Otter Tail’s CFO Todd R. Wahlund reported receiving 1,400 restricted stock units on February 10, 2026. The Form 4 shows this as an equity award, not an open-market stock purchase or sale, and describes the grant as a contingent right to common shares.
How many restricted stock units did the Otter Tail (OTTR) CFO receive?
Todd R. Wahlund received 1,400 restricted stock units in the reported transaction. The filing notes that each restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation common stock, subject to the vesting schedule outlined in the document.
When do the new Otter Tail (OTTR) restricted stock units start vesting?
The newly reported restricted stock units begin vesting on February 6, 2027. According to the filing, these 1,400 RSUs vest in four equal annual installments, meaning portions of the award become deliverable as common shares over four years.
What does each Otter Tail (OTTR) restricted stock unit represent?
Each Otter Tail restricted stock unit represents a contingent right to receive one share of Otter Tail Corporation stock. The RSUs do not immediately deliver shares; they convert into common stock as they vest under the multi‑year schedule described in the Form 4 footnotes.
What stock holdings does the Otter Tail (OTTR) CFO report after this grant?
After the reported transactions, the CFO lists 10,029 common shares held directly, 3,048 common shares held indirectly through an ESOP, and 7 common shares held indirectly by his spouse. The filing also details several tranches of restricted stock units with different vesting dates.
Is the Otter Tail (OTTR) CFO’s Form 4 transaction a stock sale?
No, the transaction is not a stock sale. The Form 4 identifies the main transaction as an acquisition of 1,400 restricted stock units coded as a grant or award, indicating equity compensation rather than open‑market selling of Otter Tail common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
