NYSEIndustrialsConstruction Machinery & Heavy Transportation EquipmentS&P MidCap 400
$134.36
-2.39 (-1.75%)
Close of Nov 06, 2026 · end-of-day data
OSK 8-K filings in 2024
Every material Form 8-K Oshkosh filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Oshkosh Corporation announced that Matthew Field, currently CFO and Treasurer of Joby Aviation, will become its Chief Financial Officer effective December 16, 2024, succeeding Michael Pack, who moves to president of the Vocational segment. The filing also discloses a $500,000 sign-on cash bonus and a one-time restricted stock unit grant with a grant date value of $4,500,000 to offset equity forfeited from his previous employer.
Matthew Field, age 52, succeeds Michael Pack as CFO effective December 16, 2024
Michael Pack appointed President of the Vocational segment
Sign-on cash bonus of $500,000 and one-time RSU grant with grant date value of $4,500,000, vesting pro rata over three years
Field's employment includes a two-year Key Executive Employment and Severance Agreement with cash severance of two times base salary and bonus
Oshkosh reported third-quarter 2024 sales of $2.74 billion, up 9.2%, but net income fell to $180.3 million, or $2.75 per diluted share, from $183.7 million, or $2.79, a year earlier. The company lowered its 2024 diluted EPS expectation to approximately $10.00 from $10.45 and its adjusted EPS expectation to approximately $11.35 from $11.75, citing softness in the North American access equipment market.
Third-quarter sales rose to $2.74 billion, up 9.2%, led by the Vocational segment, where sales grew 17.6%.
Adjusted diluted EPS was $2.93 for the third quarter, down from $3.04 a year earlier.
2024 sales expectation was reduced to approximately $10.6 billion from $10.7 billion.
The board declared a quarterly dividend of $0.46 per share, payable November 29, 2024.
Oshkosh reported second-quarter 2024 net sales of $2.85 billion, up 18.0%, driven by organic volume, the AeroTech acquisition and pricing. GAAP diluted earnings per share fell to $2.56 from $2.67 after $51.6 million of intangible asset impairments in the Defense segment, while adjusted EPS rose to $3.34 from $2.74. The company lowered its 2024 GAAP EPS outlook to $10.45 from $10.55 and raised its adjusted EPS outlook to $11.75 from $11.25.
Q2 net sales $2.85 billion, up 18.0%; GAAP net income $168.6 million versus $175.0 million a year earlier
GAAP diluted EPS $2.56 versus $2.67; adjusted EPS $3.34 versus $2.74
Oshkosh expanded its board from ten to eleven members and elected William J. Burns, CEO of Zebra Technologies, as a director effective July 23, 2024. The board also amended its bylaws to align shareholder director-nomination procedures with SEC universal proxy card rules.
William J. Burns elected director effective July 23, 2024; term expires at the 2025 annual meeting
Burns appointed to the Audit Committee effective August 1, 2024
Burns received a prorated stock award under the 2024 Incentive Stock and Awards Plan and the non-employee director annual retainer
Bylaws amended effective July 23, 2024 to align advance notice and nomination provisions with Rule 14a-19
Oshkosh said Michael Pack, its Executive Vice President and Chief Financial Officer, has been appointed President of the Vocational segment, succeeding Jim Johnson, who is retiring effective June 30, 2024. Pack will remain CFO until a successor is named, and the company has begun a search with an executive search firm, so shareholders will be watching for the new CFO appointment.
Michael Pack, EVP and CFO, appointed President of the Vocational segment, effective immediately
Jim Johnson, former EVP and President, Vocational, is retiring effective June 30, 2024
Pack remains CFO until a successor is named; search underway with a leading executive search firm
Johnson may be entitled to severance under the Executive Severance Policy
At its May 7, 2024 annual meeting, Oshkosh shareholders approved the 2024 Incentive Stock and Awards Plan, which allows up to 2,600,000 shares of common stock to be issued. They also elected all 10 director nominees and ratified Deloitte & Touche LLP as independent auditor for fiscal 2024. The filing reports routine annual meeting results with no change in direction for shareholders.
The 2024 Incentive Stock and Awards Plan allows up to 2,600,000 shares of common stock to be issued; the plan vote was 52,192,599 for, 3,271,611 against and 72,854 abstentions
All 10 director nominees were elected for terms expiring at the 2025 annual meeting, including Keith J. Allman and David G. Perkins
Shareholders ratified Deloitte & Touche LLP as auditor for the fiscal year ending December 31, 2024, with 58,807,423 votes for
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Oshkosh filing is on SEC EDGAR ↗. 8-K briefs of other companies →