---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-008394"
form_type: "8-K"
ticker: "RAIL"
cik: "0001320854"
company_name: "FreightCar America, Inc."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:47:25.045368+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FreightCar America enters royalty agreements with facility lessors, terminates prior deal

## Summary
- Entered three royalty agreements with Jesús, Alejandro, and Salvador Gil Benavides, lessors of Castaños facility.
- Royalty rates: 1.2% on railcar revenue, 1.5% on tank car revenue from work at Castaños facility.
- Royalty Payee Jesús is a board member; Alejandro beneficially owns 11.8% of common stock.
- Prior royalty agreement terminated on Jan 23, 2024; no early termination penalties incurred.
- Royalties apply during production line periods; agreements end upon last line termination.

## SEC filing metadata
- accession: 0000950170-24-008394
- form_type: 8-K
- ticker: RAIL
- cik: 0001320854
- company_name: FreightCar America, Inc.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320854/000095017024008394/0000950170-24-008394-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320854/000095017024008394/rail-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-008394
- JSON: https://secwatch.observer/filing/0000950170-24-008394.json
- Plain text: https://secwatch.observer/filing/0000950170-24-008394.txt

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