Form 4: Oshkosh Corp Executive Timothy S. Bleck Reports Stock Transactions
SEC Form 4 Filing
Timothy S. Bleck, SVP and President of Defense at Oshkosh Corp, reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- On July 19, 2024, Timothy S. Bleck, SVP and President of Defense at Oshkosh Corp, reported transactions involving Oshkosh Corp common stock.
- Bleck vested 1,390.96 restricted stock units, each representing a contingent right to receive one share of OSK common stock.
- Simultaneously, 654 shares were disposed of to cover tax obligations at a price of $107.7 per share.
- Following these transactions, Bleck directly owns 4,615.589 shares of Oshkosh Corp common stock.
- The reported amount of securities beneficially owned includes shares acquired through dividend reinvestments.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. These transactions are heavily regulated to prevent insider trading and ensure transparency.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the disposal of shares, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 07/19/2021 | Commencement date for one-third annual vesting increments of the Restricted Stock Unit Award |
| 07/19/2024 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations |
| 07/22/2024 | Date of signature for the Form 4 filing |
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