FreightCar America (RAIL) director awarded 8,959 restricted shares vesting in 2027

Rhea-AI Filing Summary

De Nigris Felan Jose reported acquisition or exercise transactions in this Form 4 filing.

FreightCar America director Felan Jose De Nigris received a grant of 8,959 shares of common stock as equity compensation. The grant, made at a reference price of $8.93 per share, consists of restricted shares under the company’s 2022 Long Term Incentive Plan.

The restricted shares will vest at the close of business on the earlier of April 10, 2027, or the last trading day before the company’s 2027 Annual Meeting of Stockholders. After this grant, De Nigris directly holds 92,566 shares of FreightCar America common stock. The filing notes it was submitted late due to an inadvertent administrative error.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider De Nigris Felan Jose

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,959	$8.93	$80K

Holdings After Transaction: Common Stock — 92,566 shares (Direct, null)

Footnotes (1)

1. This Form 4 is being filed late due to inadvertent administrative error. Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan. Shares will vest at the close of business on the earlier of (i) April 10, 2027, or (ii) the last trading day before the date of the Company's 2027 Annual Meeting of Stockholders.

Key Figures

Restricted share grant: 8,959 shares Grant price: $8.93 per share Post-grant holdings: 92,566 shares +1 more

4 metrics

Restricted share grant 8,959 shares Equity award of common stock to director on April 10, 2026

Grant price $8.93 per share Reference price for restricted share award

Post-grant holdings 92,566 shares Director’s direct ownership after the grant

Vesting date April 10, 2027 Latest vesting date, or earlier 2027 annual meeting trading day

Key Terms

restricted shares, 2022 Long Term Incentive Plan, Form 4, Annual Meeting of Stockholders

4 terms

restricted shares financial

"Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan."

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

2022 Long Term Incentive Plan financial

"Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan."

Form 4 regulatory

"This Form 4 is being filed late due to inadvertent administrative error."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Annual Meeting of Stockholders regulatory

"before the date of the Company's 2027 Annual Meeting of Stockholders."

Form 4 Insider Transactions: What Each Field Means →

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

De Nigris Felan Jose

(Last) (First) (Middle)

125 SOUTH WACKER DRIVE

SUITE 1500

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FreightCar America, Inc. [ RAIL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	04/10/2026(1)		A(2)		8,959	A	$8.93	92,566	D

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

Explanation of Responses:

1. This Form 4 is being filed late due to inadvertent administrative error.

2. Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan. Shares will vest at the close of business on the earlier of (i) April 10, 2027, or (ii) the last trading day before the date of the Company's 2027 Annual Meeting of Stockholders.

	/s/ Michael A. Riordan, as attorney in fact	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did FreightCar America (RAIL) director Felan Jose De Nigris report on this Form 4?

Director Felan Jose De Nigris reported receiving a grant of 8,959 restricted common shares. The award was made under FreightCar America’s 2022 Long Term Incentive Plan and represents equity-based compensation rather than an open-market stock purchase or sale.

How many FreightCar America (RAIL) shares did the director receive and at what price?

De Nigris received 8,959 restricted common shares with a reference price of $8.93 per share. This value reflects the grant date price used for the award calculation, not cash paid by the director in an open-market transaction.

When do the newly granted FreightCar America (RAIL) restricted shares vest?

The restricted shares will vest on the earlier of April 10, 2027, or the last trading day before FreightCar America’s 2027 Annual Meeting of Stockholders. Vesting means the director’s ownership rights in the granted shares become fully non-forfeitable.

How many FreightCar America (RAIL) shares does the director hold after this grant?

Following the grant, De Nigris directly holds 92,566 shares of FreightCar America common stock. This total includes the newly awarded restricted shares and reflects his reported direct equity position after the transaction.

Was the FreightCar America (RAIL) Form 4 filing on time?

The Form 4 was filed late, with the disclosure stating the delay was due to an inadvertent administrative error. This explanation indicates the late filing arose from a procedural mistake rather than an intentional reporting delay.

Is this FreightCar America (RAIL) transaction a stock purchase or compensation grant?

The transaction is a compensation-related grant of restricted shares, not an open-market stock purchase. The Form 4 describes it as a grant or award acquisition under the company’s 2022 Long Term Incentive Plan, with future vesting conditions.