Boeschen Felix 4

What Happened

• Felix Boeschen, VP Strategy & Investor Relations at Federal Signal (FSS), received two equity awards on 2026-02-27: 590 restricted common shares (no purchase price) and a derivative award covering 1,787 shares reported at $116.43 per share with a grant-date value of $208,060. Both transactions are reported as awards (code A), not open-market buys or sales.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (appears timely).
• Restricted stock: 590 shares acquired at $0.00; vesting date 02/27/2029 (footnote F1).
• Derivative award: 1,787-share award with reported price $116.43 and value $208,060; described as options vesting in tranches — 596 shares on 02/27/2027, 595 on 02/27/2028, and 596 on 02/27/2029 (footnote F2).
• Shares owned after transaction: not specified in the provided excerpt.
• No 10b5-1 plan, tax-withholding sale, or late-filing flag noted in the provided details.

Context

• These awards are part of compensation (not a market purchase) — restricted stock vests on a set date and the derivative appears to be time‑vesting stock options. Such grants are routine for executives and typically reflect compensation policy rather than an immediate buy/sell signal.
• For the derivative grant: options become exercisable over three years by tranche; the filing does not indicate any immediate cashless exercise or sale of shares.