# FreightCar America, Inc. (RAIL) — restructuring/exchange_offer [announced]
Source: SEC API (secapi.ai) · situation sit_8720ed3a8d117ada57cb · retrieved 2026-08-12T06:57:59.017Z

## Overview
FreightCar America, Inc. manufactures railroad equipment and is incorporated in Delaware.

FreightCar America, Inc. declared a dividend of one preferred share purchase right for each outstanding share of common stock on August 5, 2026, payable to stockholders of record on the same date. The new 2026 Rights Agreement with Computershare Trust Company, N.A. replaces the prior 2025 Rights Agreement and extends the term to July 5, 2027. The plan is designed to protect shareholders by imposing a significant penalty on any person or group acquiring 15% or more of outstanding common stock (or 20% or more for Schedule 13G investors) without Board approval. Each right allows holders to purchase one one-hundredth of a share of Series E Junior Participating Preferred Stock at a purchase price of $42.00, subject to adjustment.

## Terms
- Counterparty: Computershare Trust Company, N.A. · Price/share: $42

## Key dates
- Announced 2026-08-05 · Record 2026-08-05 · Expiry 2027-07-05

## Timeline
- 2026-08-05 · 8-K (0001213900-26-085699): 8-K - FreightCar America, Inc. — *FreightCar America, Inc. manufactures railroad equipment and is incorporated in Delaware.* FreightCar America, Inc. declared a dividend of one preferred share purchase right for each outstanding share of common stock on August 5, 2026, payable to stockholders of record on the same date. The new 2026 Rights Agreement with Computershare Trust Company, N.A. replaces the prior 2025 Rights Agreement and extends the term to July 5, 2027. The plan is designed to protect shareholders by imposing a significant penalty on any person or group acquiring 15% or more of outstanding common stock (or 20% or more for Schedule 13G investors) without Board approval. Each right allows holders to purchase one one-hundredth of a share of Series E Junior Participating Preferred Stock at a purchase price of $42.00, subject to adjustment.
  https://www.sec.gov/Archives/edgar/data/1320854/0001213900-26-085699.txt

## Citations
- 0001213900-26-085699 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026085699
