FreightCar America director receives 8,959-share stock grant
Meyer James R reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Meyer James R reported acquisition or exercise transactions in this Form 4 filing.
FreightCar America director James R. Meyer reported an indirect grant of 8,959 shares of common stock at $8.93 per share to Cinci-Cebu, Inc., which he wholly owns and is deemed to beneficially own. These are restricted shares granted under the issuer's 2022 Long Term Incentive Plan.
The restricted shares will vest in full at the close of business on the earlier of April 10, 2027, or the last trading day before the company's 2027 annual stockholders meeting. After this grant, Meyer holds 838,278 shares directly and 36,746 shares indirectly through Cinci-Cebu, Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,959 | $8.93 | $80K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. This Form 4 is being filed late due to inadvertent administrative error.
- F2. 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.
- F3. The securities are owned by Cinci-Cebu, Inc. James Meyer owns 100% of Cinci-Cebu, Inc. and is deemed to beneficially own all of the securities owned by Cinci-Cebu, Inc.
Key Figures
Key Terms
2022 Long Term Incentive Plan financial
beneficially own financial
Form 4 regulatory
FAQ
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What insider transaction did James R. Meyer report for RAIL on this Form 4?
Was James R. Meyer’s Form 4 for FreightCar America filed on time?
Is the transaction on this RAIL Form 4 a market purchase or a compensation grant?
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