---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-022223"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:46:34.111201+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FreightCar America stockholders approve 4x increase in LTIP shares to 4.8M

## Summary
- Stockholders elected directors Arnold, De Nigris Felán, Kelly, Meyer.
- Advisory vote on executive compensation passed: 7.6M for, 1.4M against.
- Stockholders chose annual say-on-pay frequency; company will hold annual votes through 2029.
- LTIP share reserve increased from 1.23M to 4.80M shares; 2.13M reserved for outstanding SARs.
- Ratification of BDO USA as auditor approved with 12.1M votes for, 129K against.

## SEC filing metadata
- accession: 0000950170-23-022223
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/rail-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-022223
- JSON: https://secwatch.observer/filing/0000950170-23-022223.json
- Plain text: https://secwatch.observer/filing/0000950170-23-022223.txt

## Key facts
- Shareholder Votes
  FreightCar America, Inc. shareholders approved Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for General Use at the 2023-05-11 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-11
  source text: 5. Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for General Use For 7,371,044 Against 1,429,337 Abstain 280,795 Broker Non-Votes 3,208,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm
- Shareholder Votes
  FreightCar America, Inc. shareholders approved Election of Directors at the 2023-05-11 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-11
  source text: 1. Election of Directors For Against Abstain Broker Non-Votes Elizabeth K. Arnold (Class III) 8,369,737 429,435 282,004 3,208,426 José De Nigris Felán (Class I) 8,446,676 354,791 279,709 3,208,426 Travis D. Kelly (Class I) 8,223,593 452,656 404,927 3,208,426 James R. Meyer (Class III) 8,397,871 402,636 280,669 3,208,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm
- Shareholder Votes
  FreightCar America, Inc. shareholders approved Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for Settlement of Stock Appreciation Rights Outstanding as of March 16, 2023 at the 2023-05-11 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-05-11
  source text: 6. Approval of Increase in Shares Authorized under the FreightCar America, Inc. 2022 Long Term Incentive Plan for Settlement of Stock Appreciation Rights Outstanding as of March 16, 2023 For 7,886,785 Against 897,351 Abstain 297,040 Broker Non-Votes 3,208,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm
- Shareholder Votes
  FreightCar America, Inc. shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-11 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-11
  source text: 3. Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation 1 Year 5,186,367 2 Years 821,108 3 Years 2,954,567 Abstain 119,134 Broker Non-Votes 3,208,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm
- Shareholder Votes
  FreightCar America, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-05-11 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-11
  source text: 4. Ratification of Appointment of Independent Registered Public Accounting Firm For 12,098,818 Against 129,083 Abstain 61,701 Broker Non-Votes --
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm
- Shareholder Votes
  FreightCar America, Inc. shareholders approved Advisory Vote on Executive Compensation at the 2023-05-11 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-11
  source text: 2. Advisory Vote on Executive Compensation For 7,604,598 Against 1,375,638 Abstain 100,940 Broker Non-Votes 3,208,426
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320854/000095017023022223/0000950170-23-022223-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.