Elizabeth K. Arnold - May 11, 2023 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 11, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/15/2023, 05:11 PM
Previous filing: Mar 2, 2023
Next filing: Feb 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RAIL	Common Stock	Award	$0	+24K	+27.69%	$0.00	111K	May 11, 2023	Direct	F1, F2

* 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(d) pursuant to the Issuer's 2022 Long Term Incentive Plan.
F2	The restricted shares were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient. The restricted shares represent shares granted as part of the annual retainer for serving as director of the Issuer. The shares will vest at the close of business on the earlier of (i) May 11, 2024 or (ii) the last trading day before the date of the Company's 2024 annual meeting of shareholders.

Content

Exempt issuance of restricted shares under Rule 16(b)-3(d) pursuant to the Issuer's 2022 Long Term Incentive Plan.

The restricted shares were granted pursuant to the Issuer's 2022 Long Term Incentive Plan, for which no consideration was paid by the recipient. The restricted shares represent shares granted as part of the annual retainer for serving as director of the Issuer. The shares will vest at the close of business on the earlier of (i) May 11, 2024 or (ii) the last trading day before the date of the Company's 2024 annual meeting of shareholders.