Whirlpool (NYSE: WHR) legal chief reports RSU vesting and tax share offsets
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whirlpool Corporation executive Kyle Peter De Jong reported a mix of equity award vesting and related tax share withholdings. On March 1, 2026, restricted stock units vested and were converted into Whirlpool common stock through several derivative exercises coded "M," at a stated price of $0.0000 per share.
Multiple "F" coded transactions show small blocks of common stock, such as 66.1060 and 147.1260 shares at $69.13, withheld to cover tax obligations. Footnotes explain these units came from grants made in 2023, 2024, and 2025, with remaining restricted stock units scheduled to vest in installments on March 1, 2027 and March 1, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
902 shares exercised/converted
Mixed
10 txns
Insider
De Jong Kyle Peter
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 195 | $0.00 | -- |
| Exercise | Restricted Stock Units | 273 | $0.00 | -- |
| Exercise | Restricted Stock Units | 434 | $0.00 | -- |
| Exercise | Common Stock | 195 | $0.00 | -- |
| Tax Withholding | Common Stock | 66.106 | $69.13 | $5K |
| Exercise | Common Stock | 273 | $0.00 | -- |
| Tax Withholding | Common Stock | 92.547 | $69.13 | $6K |
| Exercise | Common Stock | 434 | $0.00 | -- |
| Tax Withholding | Common Stock | 147.126 | $69.13 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 6,695.49 shares (Direct);
Common Stock — 503.997 shares (Indirect, 401(k) Stock Plan)
Footnotes (1)
- Vesting of remaining restricted stock units granted on February 20, 2023 under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3. Vesting of restricted stock units granted on February 19, 2024 under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3. The remaining restricted stock units will vest on March 1, 2027 and convert one-for-one to shares on that date. Vesting of restricted stock units granted on 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 two substantially equal installments on March 1, 2027 and March 1, 2028 and convert one-for-one to shares on those dates.
FAQ
What did Whirlpool (WHR) EVP Kyle Peter De Jong report on this Form 4?
Kyle Peter De Jong reported vesting of restricted stock units that converted into Whirlpool common shares, along with related tax share withholdings. These transactions reflect equity compensation events under Whirlpool’s Omnibus Stock and Incentive Plan rather than open-market stock purchases or sales.
What types of Whirlpool securities were involved in De Jong’s Form 4 filing for WHR?
The filing shows activity in restricted stock units and Whirlpool common stock. RSUs vested and converted one-for-one into common shares, while some of those shares were withheld, shown as "F" coded transactions, to satisfy tax obligations associated with the vesting events.
How were tax obligations handled in Kyle Peter De Jong’s Whirlpool (WHR) Form 4?
Tax obligations were met through "F" coded transactions where Whirlpool common shares, including 66.1060 and 147.1260 shares at $69.13, were withheld. This represents payment of tax liability by delivering a portion of the vested shares instead of making a separate cash payment.
Which Whirlpool equity awards vested for De Jong according to this WHR Form 4?
The filing notes vesting of RSUs granted on February 20, 2023, February 19, 2024, and February 17, 2025 under Whirlpool’s Omnibus Stock and Incentive Plan. These vested awards converted into Whirlpool common stock through derivative exercises coded as "M" transactions.
When will Kyle Peter De Jong’s remaining Whirlpool RSUs vest based on this Form 4?
Footnotes state remaining RSUs from the 2024 grant will vest on March 1, 2027, converting one-for-one into shares. Remaining RSUs from the 2025 grant vest in two substantially equal installments on March 1, 2027 and March 1, 2028, also converting into Whirlpool common stock.
Does the Whirlpool (WHR) Form 4 show any indirect holdings for Kyle Peter De Jong?
Yes. The Form 4 lists indirect ownership of Whirlpool common stock through a 401(k) Stock Plan, showing 503.9970 shares following the reported transactions. This indicates part of De Jong’s Whirlpool exposure is held via a retirement plan, categorized as indirect beneficial ownership.