STOCK TITAN

Whirlpool (NYSE: WHR) CEO logs RSU vesting and tax share withholding

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

Rhea-AI Filing Summary

Whirlpool Corporation chairman and CEO Marc R. Bitzer reported equity compensation activity involving restricted stock units and common shares. On March 1, 2026, 11,070 restricted stock units vested from a grant dated February 17, 2025 under the Whirlpool Omnibus Stock and Incentive Plan.

These units converted one-for-one into 11,070 shares of Whirlpool common stock, held indirectly in a trust for Bitzer. In a separate transaction the same day, the trust disposed of 3,166.021 shares at $69.13 per share to cover tax obligations related to the vesting.

After these transactions, the trust reported holding 49,141.419 Whirlpool common shares. Additional indirect holdings include shares held by trusts for immediate family members and in a 401(k) stock fund, reflecting long-term ownership arrangements rather than open-market trading.

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*
Bitzer Marc R

(Last) (First) (Middle)
WHIRLPOOL CORPORATION
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CHAIRMAN AND CEO
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) 11,070 A $0 52,307.44 I By trust for reporting person
Common Stock 03/01/2026 F 3,166.021 D $69.13 49,141.419 I By trust for reporting person
Common Stock 150,000 I By trusts for immediate family members
Common Stock 10,117 I By trusts for immediate family members
Common Stock 9,129.81 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 11,070 (1) (1) Common 11,070 $0 0 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 did Whirlpool (WHR) CEO Marc Bitzer report in this Form 4?

Marc Bitzer reported the vesting of 11,070 restricted stock units that converted into Whirlpool common shares. Related tax withholding transactions and updated indirect holdings in trusts and a 401(k) stock fund were also disclosed for transparency on his equity-based compensation.

How many Whirlpool RSUs vested for Marc Bitzer and when?

A total of 11,070 restricted stock units vested for Marc Bitzer on March 1, 2026. These RSUs came from a grant dated February 17, 2025 and converted one-for-one into Whirlpool common shares under the company’s Omnibus Stock and Incentive Plan.

Were any Whirlpool shares sold by Marc Bitzer in the open market?

The filing shows a tax-withholding disposition of 3,166.021 shares at $69.13 per share, executed to satisfy tax liabilities on vested RSUs. This type of transaction differs from a discretionary open-market sale for investment purposes or portfolio rebalancing.

How many Whirlpool shares does Marc Bitzer’s trust hold after these transactions?

After the reported transactions, a trust for Marc Bitzer held 49,141.419 Whirlpool common shares. The Form 4 also notes additional indirect holdings in trusts for immediate family members and in a 401(k) stock fund, reflecting diversified long-term ownership structures.

What future vesting remains from Marc Bitzer’s 2025 Whirlpool RSU grant?

The footnote explains that remaining restricted stock units from the February 17, 2025 grant will vest in substantially equal installments. They are scheduled to convert one-for-one into Whirlpool shares on March 1, 2027 and March 1, 2028, subject to plan terms.

How is Marc Bitzer’s ownership in Whirlpool structured according to the filing?

Marc Bitzer’s Whirlpool ownership is reported largely as indirect, with shares held by a trust for his benefit, trusts for immediate family members, and a 401(k) stock fund. This structure reflects estate planning and retirement arrangements rather than simple individual brokerage holdings.
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