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CNH Industrial (ticker: CNH) RSU vesting boosts insider shareholdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CNH Industrial N.V. reported that officer Stefano Pampalone had previously granted restricted share units vest and convert into common shares. On May 4, 2026, 26,895 RSUs converted to an equal number of common shares. The company withheld 10,301 shares at $10.71 per share to cover his related tax liability, leaving a net increase in his direct holdings.

After these transactions, Pampalone directly holds about 449,134.596 common shares. He also has remaining RSU awards of 32,841 units vesting on May 10, 2027 and 36,700 units vesting on May 10, 2028, which may further increase his equity stake when they vest.

Positive

  • None.

Negative

  • None.
Insider Pampalone Stefano
Role See Remarks
Type Security Shares Price Value
Exercise Restricted Share Units 26,895 $0.00 --
Exercise Common Shares 26,895 $0.00 --
Tax Withholding Common Shares 10,301 $10.71 $110K
Holdings After Transaction: Restricted Share Units — 69,541 shares (Direct, null); Common Shares — 459,435.596 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 Persons's tax liability associated with the vesting of RSUs on May 4, 2026. On May 10, 2023, the Reporting Person was granted 26,895 RSUs, all of which vested on May 4, 2026. On May 10, 2024, the Reporting Person was granted 32,841 RSUs vesting on May 10, 2027. On May 16, 2025, the Reporting Person was granted 36,700 RSUs vesting on May 10, 2028.
RSUs vested 26,895 units RSUs granted May 10, 2023, vested May 4, 2026
Shares withheld for taxes 10,301 shares at $10.71 Withheld to cover tax liability on May 4, 2026 vesting
Post-transaction holdings 449,134.596 shares Common shares directly held after transactions
Net shares from vesting 16,594 shares RSUs converted minus shares withheld for taxes
Future RSU grant 32,841 units Granted May 10, 2024, vesting on May 10, 2027
Additional RSU grant 36,700 units Granted May 16, 2025, vesting on May 10, 2028
Restricted share units ("RSUs") financial
"Restricted share units ("RSUs") convert into common shares on a one-for-one basis."
tax liability financial
"shares withheld by the issuer to cover the Reporting Persons's tax liability associated with the vesting of RSUs"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"all of which vested on May 4, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
SEC Form 4
FORM 4UNITED 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*
Pampalone Stefano

(Last)(First)(Middle)
C/O CNH INDUSTRIAL N.V.
CRANES FARM ROAD, BASILDON

(Street)
ESSEXUNITED KINGDOMSS14 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares05/04/2026M26,895A(1)459,435.596D
Common Shares05/04/2026F10,301(2)D$10.71449,134.596D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Share Units(1)05/04/2026M26,895 (3) (3)Common Shares26,895$069,541(3)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 Persons's tax liability associated with the vesting of RSUs on May 4, 2026.
3. On May 10, 2023, the Reporting Person was granted 26,895 RSUs, all of which vested on May 4, 2026. On May 10, 2024, the Reporting Person was granted 32,841 RSUs vesting on May 10, 2027. On May 16, 2025, the Reporting Person was granted 36,700 RSUs vesting on May 10, 2028.
Remarks:
Agriculture Chief Commercial Officer.
/s/ Eric Mathison, attorney-in-fact05/05/2026
** Signature of Reporting PersonDate
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 did CNH (CNH) disclose about Stefano Pampalone in this Form 4?

The filing shows officer Stefano Pampalone had 26,895 restricted share units vest and convert into common shares. CNH Industrial withheld 10,301 of those shares to satisfy his tax liability, resulting in a net increase to his directly held CNH Industrial common shares.

How many CNH Industrial shares does Stefano Pampalone hold after the Form 4 transactions?

After the reported transactions, Stefano Pampalone directly holds 449,134.596 CNH Industrial common shares. This total reflects both the conversion of 26,895 vested RSUs into shares and the withholding of 10,301 shares by the company to cover his associated tax obligations.

Were the CNH Industrial Form 4 transactions open-market buys or sales?

The transactions were not open-market trades. They reflect RSU vesting and related entries, including an option-style exercise and a tax-withholding disposition. The company withheld 10,301 shares for taxes, while 26,895 RSUs converted to common shares, increasing Pampalone’s direct holdings overall.

How many CNH Industrial RSUs vested for Stefano Pampalone on May 4, 2026?

On May 4, 2026, 26,895 restricted share units granted on May 10, 2023 fully vested for Stefano Pampalone. These RSUs convert into common shares on a one-for-one basis, so the vesting generated 26,895 CNH Industrial common shares before tax withholding by the issuer.

What future CNH Industrial RSU vesting does Stefano Pampalone have scheduled?

Pampalone holds an additional 32,841 RSUs granted on May 10, 2024 that vest on May 10, 2027, and 36,700 RSUs granted on May 16, 2025 that vest on May 10, 2028. These awards could further increase his common share holdings when they vest and convert.

Why did CNH Industrial withhold 10,301 shares from Stefano Pampalone?

The 10,301 shares were withheld by CNH Industrial to cover Pampalone’s tax liability tied to the RSU vesting on May 4, 2026. Instead of paying taxes in cash, part of the vested shares were retained by the issuer, a common mechanism for settling equity award-related taxes.