The Board of Directors of FreightCar America, Inc. Adopts a Limited Duration Stockholder Rights Plan

CHICAGO, Aug. 05, 2026 (GLOBE NEWSWIRE) -- FreightCar America, Inc. (NASDAQ: RAIL) (the “Company” or “FreightCar”) announced today that its Board of Directors (the “Board”) has adopted a limited duration stockholder rights plan (the “Rights Plan”) to protect the best interests of all FreightCar America, Inc. stockholders. The Rights Plan is intended to replace the Company’s existing limited duration rights plan, which expires on August 5, 2026.

“Our Board of Directors and management believe strongly in the direction of the company and its prospects for long-term value creation. Following an analysis of our current position, the Board determined it was important to adopt a new rights plan to protect the interests of all the Company’s stockholders,” said Jim Meyer, Chairman of FreightCar America.