Whirlpool (NYSE: WHR) insider Marc R. Bitzer gifts 80,000 shares
Rhea-AI Filing Summary
Whirlpool Corp (WHR) reported an insider Form 4 for Chairman and CEO Marc R. Bitzer involving non-market gift transfers of common stock. On 2026-08-17, an indirect trust for Bitzer disposed of 40,000 shares of Whirlpool common stock as a bona fide gift, leaving that trust with 6,031.419 shares. On the same date, trusts for his immediate family members indirectly acquired 40,000 shares, also characterized as bona fide gifts. Separate from these gifts, Bitzer is reported to hold 9,453.320 shares indirectly through a 401(k) Stock Fund. No open-market purchases or sales were reported, and no Rule 10b5-1 trading plan designation was indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
80,000 shares gifted
Gift
4 txns
Insider
Bitzer Marc R
Role
CHAIRMAN AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 40,000 | $0.00 | $0.00 |
| Gift | Common Stock | 40,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,031.419 shares (Indirect, By trust for reporting person);
Common Stock — 203,227 shares (Indirect, By trusts for immediate family members);
Common Stock — 9,453.32 shares (Indirect, 401(k) Stock Fund)
Key Figures
Gifted shares from trust for reporting person: 40,000 shares
Gifted shares to family trusts: 40,000 shares
Shares remaining in trust for reporting person: 6,031.419 shares
+3 more
6 metrics
Gifted shares from trust for reporting person
40,000 shares
Common Stock disposed of as bona fide gift by trust for Marc R. Bitzer on 2026-08-17
Gifted shares to family trusts
40,000 shares
Common Stock acquired as bona fide gift by trusts for immediate family members on 2026-08-17
Shares remaining in trust for reporting person
6,031.419 shares
Indirect holdings "By trust for reporting person" following gift transaction
401(k) indirect holdings
9,453.320 shares
Indirect holdings through 401(k) Stock Fund as of the reported date
Total gift shares reported
80,000 shares
Aggregate of bona fide gift transactions (two 40,000-share entries) on 2026-08-17
Price per share for gift transactions
$0.0000
Reported transaction price per share for both bona fide gift entries
Key Terms
bona fide gift, indirect ownership, 401(k) Stock Fund
3 terms
bona fide gift financial
"transaction_code_description is "Bona fide gift" for the reported transfers"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Each entry shows ownership_type "indirect" with nature of ownership by trusts or 401(k)"
401(k) Stock Fund financial
"One holding entry lists nature_of_ownership as "401(k) Stock Fund""
FAQ
What insider transactions did WHR report for Marc R. Bitzer on this Form 4?
Marc R. Bitzer reported non-market gift transfers of Whirlpool common stock on 2026-08-17. A trust for him gifted 40,000 shares, while trusts for immediate family members received 40,000 shares, all classified as bona fide gifts.
What are Marc R. Bitzer’s reported Whirlpool (WHR) holdings after these transactions?
After the reported gifts, a trust for Marc R. Bitzer holds 6,031.419 shares of Whirlpool common stock. He is also shown with 9,453.320 shares held indirectly through a 401(k) Stock Fund, both categorized as indirect ownership.
Were the Whirlpool (WHR) insider transactions made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, indicating the transactions were not affirmatively reported as made under a Rule 10b5-1 trading plan or similar pre-arranged program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
