Wabash National (NYSE: WNC) SVP awarded 60,086 RSUs, withholds 8,184 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wabash National Corp executive Michael N. Pettit reported equity compensation and a related tax withholding transaction. On February 12, 2026, he had 8,184 shares of common stock disposed of in a tax-withholding transaction at $11.65 per share, leaving 163,230 shares directly owned afterward.
On the same date, he received a grant of 60,086 restricted stock units (RSUs) at $0 per share, increasing his direct holdings to 223,316 shares. These RSUs will be settled in common stock and vest in three equal annual installments on February 12, 2027, February 12, 2028, and February 12, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pettit Michael N
Role
SVP, Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,184 | $11.65 | $95K |
| Grant/Award | Common Stock | 60,086 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 163,230 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did WNC executive Michael Pettit report?
Michael Pettit reported a tax-withholding disposition of 8,184 Wabash National common shares at $11.65 and an award of 60,086 restricted stock units. The RSU grant increased his direct holdings and is part of his equity-based compensation package, not an open-market stock purchase.
What equity award did WNC grant to Michael Pettit on February 12, 2026?
Wabash National granted Michael Pettit 60,086 restricted stock units on February 12, 2026. The RSUs were acquired at $0 per share as compensation and will settle in common stock over time, increasing his potential ownership as the award vests and converts into shares.
How and when do Michael Pettit’s WNC RSUs vest?
Michael Pettit’s 60,086 restricted stock units vest in three equal annual installments. The installments are scheduled on February 12, 2027, February 12, 2028, and February 12, 2029, with each tranche settled in Wabash National common stock upon vesting, subject to applicable conditions.
What is Michael Pettit’s role at Wabash National (WNC)?
Michael Pettit is identified as an officer of Wabash National, serving as Senior Vice President and Chief Growth Officer. His Form 4 filing reflects equity-based compensation and related tax handling, which are typical elements of senior executive pay structures at publicly traded companies.