Whirlpool EVP converts RSUs, withholds shares for tax
Whirlpool executive Martin L. Carey reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Whirlpool executive Martin L. Carey reported equity award activity involving restricted stock units and common shares. On March 1, 2026, 1,805 restricted stock units granted on February 17, 2025 vested and were converted one-for-one into 1,805 shares of Whirlpool common stock in a transaction exempt under Rule 16b-3.
To cover associated tax obligations, 554.102 common shares were disposed of at $69.13 per share by delivering shares rather than cash. After these transactions, Carey directly held 26,992.901 common shares and indirectly held 608.838 shares through a 401(k) Stock Fund. The remaining restricted stock units from the 2025 grant are scheduled to vest in substantially equal installments and convert to shares on March 1, 2027 and March 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,805 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,805 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 554.102 | $69.13 | $38K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Vesting of restricted stock units granted February 17, 2025, under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3. The remaining restricted stock units will vest in substantially equal installments and convert one-for-one to shares on March 1, 2027 and March 1, 2028.
FAQ
What insider transactions did Whirlpool (WHR) EVP Martin L. Carey report?
How many Whirlpool (WHR) RSUs vested for Martin L. Carey and when?
When will Martin L. Carey’s remaining Whirlpool (WHR) RSUs vest?
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