Whirlpool (WHR) director’s family trust receives 2,811-share annual award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whirlpool Corporation director Geraldine Elliott reported an indirect acquisition of 2,811 shares of Common Stock on behalf of a family trust. The shares represent an annual stock award granted under Whirlpool’s Omnibus Stock and Incentive Plan and were received at no cash cost. Following this grant, the family trust holds 16,046 Whirlpool shares in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elliott Geraldine
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,811 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,046 shares (Indirect, By Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares awarded: 2,811 shares
Price per awarded share: $0.00 per share
Total shares after transaction: 16,046 shares
3 metrics
Shares awarded
2,811 shares
Annual stock award under Omnibus Stock and Incentive Plan
Price per awarded share
$0.00 per share
Reported transaction price for the 2,811-share grant
Total shares after transaction
16,046 shares
Indirectly held by family trust following award
Key Terms
Omnibus Stock and Incentive Plan, Family Trust, indirect ownership
3 terms
Omnibus Stock and Incentive Plan financial
"Annual stock award granted under the Omnibus Stock and Incentive Plan."
An omnibus stock and incentive plan is a single company program that bundles different ways to pay and reward people—such as stock options, restricted shares, cash bonuses and other equity-based awards—under one set of rules. It matters to investors because it determines how much ownership can be granted to employees and advisors, which affects share dilution, management incentives and company costs; think of it as the company’s compensation toolbox that can change who benefits from future growth.
Family Trust financial
"nature_of_ownership: By Family Trust"
indirect ownership financial
"ownership_type: indirect, ownership_code: I"
FAQ
What did Whirlpool (WHR) director Geraldine Elliott report in this Form 4?
Director Geraldine Elliott reported an indirect acquisition of 2,811 Whirlpool common shares by a family trust. The shares were received as an annual stock award under Whirlpool’s Omnibus Stock and Incentive Plan, increasing the trust’s total holdings to 16,046 shares after the transaction.
Was the Whirlpool (WHR) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market purchase or sale. It reflects a grant or award acquisition of 2,811 Whirlpool common shares at a stated price of $0.00 per share, received as an annual stock award under the company’s Omnibus Stock and Incentive Plan.
What plan governed the Whirlpool (WHR) stock award to the family trust?
The 2,811-share award was granted under Whirlpool’s Omnibus Stock and Incentive Plan. The footnote describes it as an annual stock award, indicating it is part of the company’s regular equity-based compensation framework for eligible participants such as directors or other covered individuals.