Pampalone Stefano 4

What Happened

• Stefano Pampalone, Agriculture Chief Commercial Officer at CNH Industrial (CNH), had 26,895 restricted share units (RSUs) vest and convert into common shares on May 4, 2026. To cover the tax liability from the vesting, the issuer withheld 10,301 shares and credited $110,324 to satisfy that tax obligation. The RSU conversion is recorded as a derivative conversion/exercise (transaction code M) and the withholding as a tax payment (transaction code F).

Key Details

• Transaction date: May 4, 2026 (reported on Form 4 filed May 5, 2026)
• RSUs vesting/converted: 26,895 shares (one-for-one conversion of RSUs into common shares per filing)
• Shares withheld for taxes: 10,301 shares at $10.71 per share, total $110,324
• Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = tax withholding/payment
• Footnotes: The 26,895 RSUs were granted May 10, 2023 and vested May 4, 2026. Additional RSU grants from 2024 and 2025 vest in later years. The withholding is issuer share-retention to cover tax liability (standard practice).
• Shares owned after transaction: not specified in the reporting extract
• Filing timeliness: filed promptly (Form 4 filed one day after the May 4 transactions)

Context

• This was a routine RSU vesting event, not an open-market purchase or sale by the insider. The withholding of shares to cover taxes is a common, administrative action that reduces the net shares delivered to the insider and does not by itself indicate a buy or sell signal.