Form 4: Oshkosh Corp Executive VP Michael E. Pack Reports Stock Transactions
SEC Form 4
Executive VP Michael E. Pack reports acquisition and disposal of Oshkosh Corp (OSK) common stock and restricted stock units on February 21, 2025.
Summary
- On February 21, 2025, Michael E. Pack, Executive VP and President, Vocational at Oshkosh Corp, reported transactions involving the company's common stock and restricted stock units.
- Pack acquired shares through the exercise of restricted stock units and disposed of shares to cover tax obligations.
- The transactions involved the acquisition of common stock at a price of $103.17 per share.
- Following the reported transactions, Pack directly owns 32,028.823 shares of Oshkosh Corp common stock.
- The transactions were related to performance shares granted under the company's 2017 Incentive Stock and Awards Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It reflects executive compensation and alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in beneficial ownership of company stock.
Key Dates
| Date | Description |
|---|---|
| 02/21/2023 | Restricted Stock Unit Award vests in one-third (1/3) annual increments commencing on this date. |
| January 1, 2022 through December 31, 2024 | Performance period for GHG-based, ROIC-based and TSR-based Performance Shares. |
| 02/21/2025 | Date of earliest transaction involving common stock and restricted stock units. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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