{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-023063","form_type":"8-K","ticker":"RAIL","cik":"0001320854","company_name":"FreightCar America, Inc.","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.373461+00:00","generated_at":"2026-06-14T20:56:35.338076+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"FreightCar America appoints Nicholas J. Randall as COO effective June 26, 2023","bullets":["Randall, 50, most recently led a division of Precision Castparts (Berkshire Hathaway) and held senior roles at Alcoa and Jaguar Land Rover.","Base salary of $450,000; target annual bonus of 75% of base; sign-on award includes $250,000 cash and 300,000 stock options.","LTIP target value of 125% of base salary, split 50% restricted shares (3-year cliff vest) and 50% stock options (3-year graded vest).","Eligible for severance plan providing 12 months base salary plus average bonus and COBRA premiums upon qualifying termination."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-023063","json":"https://secwatch.observer/filing/0000950170-23-023063.json","markdown":"https://secwatch.observer/filing/0000950170-23-023063.md","text":"https://secwatch.observer/filing/0000950170-23-023063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1320854/000095017023023063/0000950170-23-023063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1320854/000095017023023063/rail-20230512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T20:56:35.338076+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"999fb452e7","claim":"Nicholas J. Randall was appointed as Chief Operating Officer at FreightCar America, Inc..","evidence_excerpt":"On May 12, 2023, FreightCar America, Inc. (the “Company”) entered into a letter agreement with Nicholas J. Randall (the “Randall Letter”) pursuant to which Mr. Randall will become the Company’s Chief Operating Officer, effective June 26, 2023 (the “Effective Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1320854/000095017023023063/0000950170-23-023063-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}