CNH Industrial (NYSE: CNH) director Nasi converts 4,980 RSUs, 210 shares withheld for tax

Rhea-AI Filing Summary

CNH Industrial N.V. director Alessandro Nasi reported routine equity compensation activity involving restricted share units (RSUs). On May 11, 2026, 4,980 RSUs that had been granted on May 15, 2025 fully vested and were exercised into 4,980 common shares on a one-for-one basis.

In connection with this vesting, the issuer withheld 210 common shares at a value of $10.84 per share to cover Nasi’s tax liability. After these transactions, Nasi directly held 366,263 common shares, reflecting a net increase in his equity position from RSU vesting after tax withholding.

Insights

Equity compensation analyst

Routine RSU vesting with tax withholding; net share position increases modestly.

The filing shows Alessandro Nasi converting 4,980 RSUs into common shares and having 210 shares withheld to satisfy tax obligations. This is a standard equity compensation mechanism rather than a discretionary market trade.

After these entries, Nasi directly holds 366,263 common shares, up modestly from his pre-vesting level. There are no remaining RSUs or other derivatives listed in this filing, indicating a full conversion of this specific RSU grant.

Insider Trade Summary

4,980 shares exercised/converted

Mixed 3 txns

Insider Nasi Alessandro

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Share Units	4,980	$0.00	--
Exercise	Common Shares	4,980	$0.00	--
Tax Withholding	Common Shares	210	$10.84	$2K

Holdings After Transaction: Restricted Share Units — 0 shares (Direct, null); Common Shares — 366,473 shares (Direct, null)

Footnotes (1)

1. Restricted share units ("RSUs") convert into common shares on a one-for-one basis. Represents the number of shares withheld by the issuer to cover the reporting person's tax liability associated with the vesting of RSUs on May 11, 2026. On May 15, 2025, the Reporting Person was granted 4,980 RSUs, all of which vested on May 11, 2026.

Key Figures

RSUs exercised: 4,980 shares Shares withheld for taxes: 210 shares Tax withholding share value: $10.84 per share +3 more

6 metrics

RSUs exercised 4,980 shares Restricted share units converted to common shares on May 11, 2026

Shares withheld for taxes 210 shares Withheld by issuer to cover tax liability at vesting

Tax withholding share value $10.84 per share Value used for 210 withheld shares

Post-transaction holdings 366,263 common shares Direct holdings after RSU vesting and tax withholding

RSU grant date May 15, 2025 Grant of 4,980 RSUs that vested in 2026

RSU vesting date May 11, 2026 All 4,980 RSUs vested and converted

Key Terms

Restricted share units, RSUs, tax liability, derivative exercise/conversion, +1 more

5 terms

Restricted share units financial

"Restricted share units ("RSUs") convert into common shares on a one-for-one basis."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

RSUs financial

"On May 15, 2025, the Reporting Person was granted 4,980 RSUs, all of which vested on May 11, 2026."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax liability financial

"Represents the number of shares withheld by the issuer to cover the reporting person's tax liability associated with the vesting of RSUs on May 11, 2026."

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nasi Alessandro

(Last) (First) (Middle)

C/O CNH INDUSTRIAL N.V.

CRANES FARM ROAD, BASILDON

(Street)

ESSEX UNITED KINGDOM SS14 3AD

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
CNH Industrial N.V. [ CNH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/11/2026		M		4,980	A	(1)	366,473	D
Common Shares	05/11/2026		F		210(2)	D	$10.84	366,263	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Units	(1)	05/11/2026		M			4,980	(3)	(3)	Common Shares	4,980	$0	0	D

Explanation of Responses:

1. Restricted share units ("RSUs") convert into common shares on a one-for-one basis.

2. Represents the number of shares withheld by the issuer to cover the reporting person's tax liability associated with the vesting of RSUs on May 11, 2026.

3. On May 15, 2025, the Reporting Person was granted 4,980 RSUs, all of which vested on May 11, 2026.

	/s/ Eric Mathison, attorney-in-fact	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Alessandro Nasi report at CNH (CNH)?

Director Alessandro Nasi reported routine equity compensation activity, not an open-market trade. He converted 4,980 restricted share units into common shares and had 210 shares withheld by CNH Industrial N.V. to cover associated tax liabilities on May 11, 2026.

How many CNH Industrial N.V. shares did Alessandro Nasi acquire through RSU vesting?

Nasi acquired 4,980 CNH Industrial N.V. common shares through the vesting and conversion of 4,980 restricted share units. The RSUs were originally granted on May 15, 2025 and vested fully on May 11, 2026, converting one-for-one into common shares.

How many CNH (CNH) shares were withheld for taxes in Nasi’s Form 4 filing?

CNH Industrial N.V. withheld 210 common shares from Alessandro Nasi to cover his tax liability related to RSU vesting. These shares were valued at $10.84 per share for the tax-withholding calculation in the reported Form 4 transaction.

What is Alessandro Nasi’s CNH Industrial N.V. shareholding after the reported transactions?

Following the RSU vesting, exercise, and tax withholding, Alessandro Nasi directly holds 366,263 CNH Industrial N.V. common shares. This reflects his position after acquiring 4,980 shares from RSUs and having 210 shares withheld to satisfy related tax obligations.

Were the CNH (CNH) transactions by Alessandro Nasi open-market buys or sells?

The transactions were not open-market buys or sells. They involved the vesting and conversion of restricted share units into common shares and a tax-withholding disposition, where 210 shares were withheld by CNH Industrial N.V. to cover Nasi’s tax liability, a standard compensation practice.

What are the terms of the RSUs in Alessandro Nasi’s CNH Form 4?

The Form 4 states that restricted share units convert into common shares on a one-for-one basis. Nasi’s 4,980 RSUs, granted on May 15, 2025, all vested on May 11, 2026 and converted into 4,980 CNH Industrial N.V. common shares in this report.