Benavides Jesus Salvador Gil - May 14, 2024 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Role
Director
Signature
/s/ Celia Perez, as attorney in fact
Stock symbol
RAIL
Transactions as of
May 14, 2024
Transactions value $
$0
Form type
4
Date filed
5/16/2024, 05:03 PM
Previous filing
Apr 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RAIL Common Stock Award $0 +20.4K +5.9% $0.00 366K May 14, 2024 Direct F1
holding RAIL Common Stock 641K May 14, 2024 See footnote F2
holding RAIL Common Stock 316K May 14, 2024 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of restricted shares under Issuer's 2022 Long Term Incentive Plan. Shares will vest at the close of business on the earlier of (i) May 14, 2025, or (ii) the last trading day before the date of the Company's 2025 Annual Meeting of Shareholders.
F2 Represents 640,603 shares owned by Fabricaciones y Servicios de Mexico, S.A. de C.V., a corporation in which Jesus Salvador Gil Benavides owns 33% of the equity interests, and therefore is deemed to have voting and dispositive power over 33% of the shares held by such entity. Fabricaciones y Servicios de Mexico, S.A. de C.V., which is owned by Jesus Salvador Gil Benavides, Alejandro Gil and Salvador Gil, owns a total of 1,941,221 shares of common stock of the Company.
F3 Represents 316,013 shares owned by Agben de Mexico, S.A. de C.V., a corporation in which Jesus Salavdor Gil Benavides owns 99% of the equity interests, and therefore is deemed to have voting and dispositive power over the securities held by such entity.