STOCK TITAN

Whirlpool (NYSE: WHR) EVP converts RSUs and uses shares to cover taxes

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

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.
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*
Martin Carey L

(Last) (First) (Middle)
2000 N. M-63

(Street)
BENTON HARBOR MI 49022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WHIRLPOOL CORP /DE/ [ WHR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief HR, Corp Rel, BUS
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 Stock 03/01/2026 M 1,805 A $0 27,547.003 D
Common Stock 03/01/2026 F 554.102 D $69.13 26,992.901 D
Common Stock 608.838 I 401(k) Stock Fund
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 Stock Units (1) 03/01/2026 M 1,805 (1) (1) Common Stock 1,805 $0 3,609 D
Explanation of Responses:
1. 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.
Remarks:
/s/ Bridget K. Quinn, Attorney-In-Fact 03/03/2026
** 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.

FAQ

What insider transactions did Whirlpool (WHR) EVP Martin L. Carey report?

Martin L. Carey reported the vesting and conversion of 1,805 restricted stock units into Whirlpool common stock, plus a related share disposition to satisfy tax obligations. These transactions reflect routine equity award settlement rather than an open-market stock purchase or sale.

How many Whirlpool (WHR) RSUs vested for Martin L. Carey and when?

1,805 restricted stock units vested for Martin L. Carey on March 1, 2026 from a grant dated February 17, 2025. The RSUs converted one-for-one into 1,805 Whirlpool common shares under the company’s Omnibus Stock and Incentive Plan.

Did Martin L. Carey sell Whirlpool (WHR) shares in the open market?

The filing shows 554.102 Whirlpool common shares were disposed of at $69.13 per share to pay tax obligations by delivering shares. This tax-withholding disposition differs from a discretionary open-market sale to third-party buyers.

What are Martin L. Carey’s Whirlpool (WHR) share holdings after these transactions?

Following the reported transactions, Martin L. Carey directly held 26,992.901 Whirlpool common shares. He also had an indirect interest in 608.838 additional shares held through a 401(k) Stock Fund, as disclosed in the ownership details.

When will Martin L. Carey’s remaining Whirlpool (WHR) RSUs vest?

The remaining restricted stock units from the February 17, 2025 grant are scheduled to vest in substantially equal installments on March 1, 2027 and March 1, 2028. Upon vesting, they will convert one-for-one into Whirlpool common shares.
Whirlpool

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3.78B
55.73M
Furnishings, Fixtures & Appliances
Household Appliances
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United States
BENTON HARBOR