RSU grant to FreightCar America (RAIL) controller disclosed in Form 4

Rhea-AI Filing Summary

FreightCar America, Inc. reported that Corporate Controller and Chief Accounting Officer Juan Carlos Fuentes Sierra received a grant of 3,330 restricted stock units (RSUs) on January 13, 2026 under the company’s 2022 Long Term Incentive Plan. The RSUs vest over three years, with 34% vesting on January 13, 2027, 33% on January 13, 2028, and 33% on January 13, 2029, as long as he continues in service through each date. Once vested, each RSU converts into one share of FreightCar America common stock, and he now holds 3,330 derivative securities directly following this grant.

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
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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^*

Fuentes Sierra Juan Carlos

(Last) (First) (Middle)

125 SOUTH WACKER DRIVE

SUITE 1500

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Corporate Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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

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

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

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

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
Restricted Stock Unit	(1)	01/13/2026		A		3,330		(1)	(1)	Common Stock	3,330	$0	3,330	D

Explanation of Responses:

1. On January 13, 2026, the recipient was granted 3,330 restricted stock units ("RSUs") under the Issuer's 2022 Long Term Incentive Plan. The RSUs will vest 34% on January 13, 2027, 33% on January 13, 2028 and 33% on January 13, 2029, subject to the Reporting Person's continued service through such date. Once vested, each RSU represents the right to receive one share of common stock.

	/s/ Michael A. Riordan, as attorney in fact	01/15/2026
	** 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.

FAQ

What insider activity did FreightCar America (RAIL) report in this Form 4?

The company reported a grant of 3,330 restricted stock units (RSUs) to its Corporate Controller and CAO, Juan Carlos Fuentes Sierra, on January 13, 2026.

How many RSUs were granted and to whom at FreightCar America?

3,330 RSUs were granted to Juan Carlos Fuentes Sierra, who serves as Corporate Controller and Chief Accounting Officer of FreightCar America.

What is the vesting schedule for the 3,330 RSUs at FreightCar America?

The RSUs vest 34% on January 13, 2027, 33% on January 13, 2028, and 33% on January 13, 2029, contingent on continued service.

What does each FreightCar America RSU represent upon vesting?

Once vested, each restricted stock unit represents the right to receive one share of FreightCar America common stock.

How many derivative securities does the reporting person hold after this RSU grant?

Following the reported transaction, the reporting person beneficially owns 3,330 derivative securities (RSUs) directly.

Under which plan were the FreightCar America RSUs granted?

The 3,330 RSUs were granted under FreightCar America’s 2022 Long Term Incentive Plan.

Is the ownership reported in this Form 4 direct or indirect?

The Form 4 shows the 3,330 RSUs as held with direct ownership by the reporting person.