Appaloosa LP discloses 7% Whirlpool (WHR) stake via Azteca and Palomino

Rhea-AI Filing Summary

Appaloosa LP has disclosed a significant stake in Whirlpool Corp. The investment firm reports beneficial ownership of 3,910,000 shares of Whirlpool common stock, representing approximately 7.0% of the company’s outstanding shares, based on 56,148,646 shares outstanding as of October 24, 2025.

The shares are held through two affiliated entities: Azteca Partners LLC with 2,592,330 shares and Palomino Master Ltd. with 1,317,670 shares. Appaloosa has shared voting and dispositive power over all 3,910,000 shares, and certifies that the position is held in the ordinary course of business, not for the purpose of changing or influencing control of Whirlpool.

Insights

Equity ownership and governance analyst

Appaloosa reports a 7% passive stake in Whirlpool held via two funds.

Appaloosa LP reports beneficial ownership of 3,910,000 Whirlpool shares, or 7.0% of the company, through Azteca Partners and Palomino Master. The filing indicates shared voting and dispositive power over the entire stake, consolidating control at the adviser level.

The ownership percentage is calculated against 56,148,646 shares outstanding as of October 24, 2025. The certification states that the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control, framing this as a passive, Schedule 13G-type holding rather than an activist move.

Because the investor exceeds the 5% threshold, future changes in ownership or a shift to a control-seeking posture would typically require updated disclosures. Subsequent filings may clarify whether the position size, intentions, or filing status (passive vs. potentially activist) evolve over time.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Whirlpool Corp

(Name of Issuer)

Common stock, par value $1.00 per share

(Title of Class of Securities)

963320106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 963320106

1

Names of Reporting Persons

Appaloosa LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,910,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,910,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,910,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.0 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: See Item 2 for additional information.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Whirlpool Corp
(b)	Address of issuer's principal executive offices: 2000 North M-63, Benton Harbor, Michigan 49022-2692
Item 2.
(a)	Name of person filing: This report on Schedule 13G is being filed by Appaloosa LP, a Delaware limited partnership (the "Filer"). The Filer is the investment adviser to Azteca Partners LLC, a Delaware limited liability company ("Azteca"), and Palomino Master Ltd., a British Virgin Islands corporation ("Palomino"). Appaloosa Capital Inc., a Delaware corporation ("ACI"), is the general partner of the Filer, and David A. Tepper is the controlling stockholder and president of ACI and owns a majority of the limited partnership interests in the Filer. As of December 31, 2025, Azteca held 2,592,330 shares of common stock, par value $1.00 per share ("Common Stock"), of Whirlpool Corp (the "Issuer") and Palomino held 1,317,670 shares of Common Stock of the Issuer. As a result of the foregoing, for purposes of Reg. Section 240.13d-3, the Filer is deemed to beneficially own the 3,910,000 shares of Common Stock of the Issuer held in the aggregate by Azteca and Palomino, for an aggregate beneficial ownership percentage of approximately 7.0%. The beneficial ownership percentage is based upon 56,148,646 shares of Common Stock issued and outstanding as of October 24, 2025, as set forth in the Quarterly Report on Form 10-Q filed by the Issuer with the SEC on October 28, 2025.
(b)	Address or principal business office or, if none, residence: The address for the Filer is 51 John F. Kennedy Pkwy, Short Hills, NJ 07078.
(c)	Citizenship: See Item 4 of the cover page.
(d)	Title of class of securities: Common stock, par value $1.00 per share
(e)	CUSIP No.: 963320106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3,910,000.00
(b)	Percent of class: 7.0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 3,910,000.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 3,910,000.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Appaloosa LP

Signature:	By: Appaloosa Capital Inc., GP of Appaloosa LP /s/ David A. Tepper
Name/Title:	David A. Tepper, President of Appaloosa Capital Inc.
Date:	02/17/2026

FAQ

What percentage of Whirlpool (WHR) does Appaloosa LP report owning?

Appaloosa LP reports beneficial ownership of approximately 7.0% of Whirlpool’s common stock. This is based on 3,910,000 shares held versus 56,148,646 Whirlpool shares outstanding as of October 24, 2025, as disclosed in the company’s Form 10-Q.

How many Whirlpool (WHR) shares does Appaloosa LP beneficially own?

Appaloosa LP is deemed to beneficially own 3,910,000 Whirlpool common shares. These are held in aggregate through Azteca Partners LLC, with 2,592,330 shares, and Palomino Master Ltd., with 1,317,670 shares, according to the Schedule 13G/A filing.

How is Appaloosa’s Whirlpool (WHR) stake split between Azteca and Palomino?

The filing states that Azteca Partners LLC holds 2,592,330 Whirlpool shares and Palomino Master Ltd. holds 1,317,670 shares. Appaloosa LP, as investment adviser to both entities, is deemed to beneficially own the combined 3,910,000-share position.

Is Appaloosa LP’s Whirlpool (WHR) position described as passive or control-seeking?

The certification explains the Whirlpool shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer, indicating a passive investment posture under the Schedule 13G framework.

What voting and dispositive power does Appaloosa report over Whirlpool (WHR) shares?

Appaloosa reports 0 shares with sole voting or dispositive power and 3,910,000 shares with shared voting and shared dispositive power. This means decisions over those Whirlpool shares are exercised on a shared basis rather than individually.

On what share count does Appaloosa base its 7.0% Whirlpool (WHR) ownership?

The 7.0% beneficial ownership is calculated using 56,148,646 Whirlpool common shares outstanding as of October 24, 2025. That share count comes from Whirlpool’s Form 10-Q filed with the SEC on October 28, 2025.