W. Matthew Tonn - Jan 9, 2025 Form 4 Insider Report for FreightCar America, Inc. (RAIL)

Signature
/s/ Celia Perez, as attorney in fact
Stock symbol
RAIL
Transactions as of
Jan 9, 2025
Transactions value $
$0
Form type
4
Date filed
1/13/2025, 06:35 PM
Previous filing
May 24, 2024
Next filing
Jan 22, 2025

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RAIL Employee Stock Option Award $0 +26.4K $0.00 26.4K Jan 9, 2025 Common Stock 26.4K $9.81 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exempt issuance of restricted shares under Rule 16(b)-3 pursuant to the Issuer's 2022 Long-Term Stock Incentive Plan (the "Plan") on January 9, 2025. Shares will vest on January 9, 2028, contingent upon the Reporting Person's continuous employment until the vesting date.
F2 Restricted shares granted pursuant to the Plan, for which no consideration was paid by the Reporting Person.
F3 Exercise price represents the average of the Issuer's high and low trading prices on January 8, 2025 as the stock market was closed on grant date.
F4 The options were granted under the Plan and vest in three equal annual installments beginning on January 9, 2026, contingent upon the Reporting Person's continuous employment until the applicable vesting date. The options have a term of ten years from the grant date.