Whirlpool (WHR) director Greg Creed awarded 2,811 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Creed Greg reported acquisition or exercise transactions in this Form 4 filing.
Whirlpool Corp director Greg Creed received 2,811 Deferred Stock Units as a compensation award. These units were credited to the Deferred Compensation Plan II for Nonemployee Directors and are payable in Whirlpool common stock on a one-for-one basis after he leaves the Board. Following this grant, Creed holds 15,503.78 Deferred Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Creed Greg
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 2,811 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 15,503.78 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred Stock Units granted: 2,811 units
Deferred Stock Units after transaction: 15,503.78 units
Conversion ratio: 1 unit per 1 common share
3 metrics
Deferred Stock Units granted
2,811 units
Grant/award acquisition on April 21, 2026
Deferred Stock Units after transaction
15,503.78 units
Total Deferred Stock Units held directly after grant
Conversion ratio
1 unit per 1 common share
Units payable in Whirlpool common stock after Board departure
Key Terms
Deferred Stock Units, Deferred Compensation Plan II for Nonemployee Directors, common stock
3 terms
Deferred Stock Units financial
"The filing reports 2,811 Deferred Stock Units granted as a compensation award."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Deferred Compensation Plan II for Nonemployee Directors financial
"Deferral of stock award to the Deferred Compensation Plan II for Nonemployee Directors."
common stock financial
"Shares are payable in common stock of the company on a one-for-one basis following the reporting person's departure from the Board."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Whirlpool (WHR) director Greg Creed report?
Greg Creed reported an acquisition of 2,811 Deferred Stock Units as a compensation award. The units were granted at no cash cost and credited under Whirlpool’s Deferred Compensation Plan II for Nonemployee Directors, increasing his directly held Deferred Stock Units to 15,503.78 after the transaction.
How many Deferred Stock Units does Greg Creed hold after this Whirlpool (WHR) filing?
After the reported grant, Greg Creed holds 15,503.78 Deferred Stock Units directly. This total reflects the addition of 2,811 new units awarded under Whirlpool’s Deferred Compensation Plan II for Nonemployee Directors, as disclosed in the Form 4 insider transaction report.
What are the terms of Greg Creed’s Deferred Stock Units at Whirlpool (WHR)?
Creed’s Deferred Stock Units are credited to Whirlpool’s Deferred Compensation Plan II for Nonemployee Directors. According to the disclosure, they are payable in Whirlpool common stock on a one-for-one basis, with distribution occurring after his departure from the company’s Board of Directors.
When will Greg Creed receive Whirlpool (WHR) common stock for these Deferred Stock Units?
The Form 4 footnote states that the Deferred Stock Units are payable in Whirlpool common stock on a one-for-one basis. Payment will occur following Greg Creed’s departure from the Board, so the common shares are delivered only after his Board service ends.