Director Malcolm Moore awarded 8,959 FreightCar America (RAIL) shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOORE MALCOLM F reported acquisition or exercise transactions in this Form 4 filing.
FreightCar America director Malcolm F. Moore received a grant of 8,959 shares of common stock as equity compensation. The award was made at a reference price of $8.93 per share and increased his directly held stake to 156,485 shares. According to the grant terms, these 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. The filing notes it was submitted late due to an inadvertent administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOORE MALCOLM F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,959 | $8.93 | $80K |
Holdings After Transaction:
Common Stock — 156,485 shares (Direct, null)
Footnotes (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 shares granted: 8,959 shares
Grant reference price: $8.93 per share
Total shares after transaction: 156,485 shares
+1 more
4 metrics
Restricted shares granted
8,959 shares
Equity award to director Malcolm F. Moore on April 10, 2026
Grant reference price
$8.93 per share
Price per share associated with the April 10, 2026 award
Total shares after transaction
156,485 shares
Moore’s direct holdings following the grant
Vesting date trigger
April 10, 2027
Latest date when restricted shares fully vest if earlier meeting date does not apply
Key Terms
restricted shares, 2022 Long Term Incentive Plan, Form 4, Annual Meeting of Stockholders
4 terms
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
"the last trading day before the date of the Company's 2027 Annual Meeting of Stockholders."
FAQ
What insider transaction did FreightCar America (RAIL) report for Malcolm F. Moore?
FreightCar America reported that director Malcolm F. Moore received a grant of 8,959 shares of common stock. This equity award increases his direct holdings and represents compensation rather than an open-market purchase or sale, aligning his interests more closely with shareholders over time.
Was the FreightCar America (RAIL) Form 4 for Malcolm F. Moore filed on time?
No, the Form 4 was filed late due to an inadvertent administrative error, as disclosed in a footnote. The filing still details the full terms of the award, including the number of shares granted and the vesting schedule through the company’s 2027 stockholders meeting.
Is Malcolm F. Moore’s FreightCar America (RAIL) Form 4 transaction a market purchase or sale?
The transaction is not a market trade; it is a grant or award acquisition of 8,959 restricted shares under the 2022 Long Term Incentive Plan. No open-market buying or selling occurred, making this a compensation-related equity award rather than a trading decision.