Form 4: FreightCar America Executive Celia Perez Reports Stock Option Exercise and Share Disposal
SEC Form 4 Filing
Celia Perez, GC and Corp Secretary of FreightCar America, exercised stock options and disposed of shares to cover the exercise price and tax obligations.
Summary
- On September 12, 2024, Celia Perez, GC and Corp Secretary of FreightCar America, exercised employee stock options for 1,000 shares at a price of $4.48.
- Following the exercise, Perez disposed of 598 shares at $9.29 to cover the exercise price and tax withholding obligations.
- After these transactions, Perez directly owns 42,982 shares of FreightCar America common stock.
- Perez also holds options for 14,000 shares at an exercise price of $0.00, 11,682 shares at $3.22, and 14,201 shares at $2.73.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions related to stock options and share disposal, which are common occurrences for company executives.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the trading activities of company executives. It doesn't necessarily reflect a broader trend in the railcar industry but offers insight into individual executive decisions regarding their holdings in FreightCar America.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of stock option exercise and share disposal |
| 09/16/2024 | Date of signature on the Form 4 filing |
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