Director Vagn O. Sorensen at CNH (NYSE: CNH) nets RSU shares after tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNH Industrial N.V. director Vagn O. Sorensen exercised restricted share units and had shares withheld for taxes. On May 11, 2026, 4,980 restricted share units converted into an equal number of common shares, reflecting a prior grant made on May 15, 2025 that fully vested on May 11, 2026. Of these, 202 common shares were withheld by the company to cover the director’s tax liability related to the vesting. After these compensation-related transactions, Sorensen directly held 45,174 common shares, with no remaining restricted share units reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,980 shares exercised/converted
Mixed
3 txns
Insider
Sorensen Vagn O
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 | 202 | $10.84 | $2K |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct, null);
Common Shares — 45,376 shares (Direct, null)
Footnotes (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 vested and converted: 4,980 units/shares
Shares withheld for taxes: 202 shares
Shares held after transactions: 45,174 shares
+2 more
5 metrics
RSUs vested and converted
4,980 units/shares
Restricted share units converting one-for-one into common shares on May 11, 2026
Shares withheld for taxes
202 shares
Withheld by issuer to cover tax liability on RSU vesting
Shares held after transactions
45,174 shares
Direct common share ownership following May 11, 2026 transactions
RSU grant
4,980 RSUs
Granted on May 15, 2025 and fully vested on May 11, 2026
RSU conversion ratio
1 RSU : 1 share
Footnote states RSUs convert into common shares on a one-for-one basis
Key Terms
Restricted share units ("RSUs"), tax liability, vesting, derivative exercise/conversion
4 terms
tax liability financial
"shares withheld by the issuer to cover the reporting person's tax liability associated with the vesting"
vesting financial
"shares withheld by the issuer to cover the reporting person's tax liability associated with the vesting of RSUs on May 11, 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""