Linehan Karen 4

What Happened
Karen Linehan, a director of CNH Industrial N.V. (CNH), had 4,980 restricted share units (RSUs) vest on May 11, 2026. The RSUs converted into 4,980 common shares (one-for-one). To cover tax withholding, 68 shares were surrendered at $10.84 per share (≈ $737), leaving a net issuance of 4,912 shares to the reporting person. The total pre-withholding value of the vested RSUs was about $53,983 and the net value after withholding was about $53,246.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 12, 2026 (timely filing).
• Vesting/conversion: 4,980 RSUs converted into 4,980 common shares (transaction code M).
• Tax withholding: 68 shares withheld to cover tax liability at $10.84/share, reported as disposed (transaction code F); cash value reported ≈ $737.
• Net shares issued to insider: 4,912 shares after withholding.
• Footnotes: RSUs convert 1-for-1; the RSUs were granted May 15, 2025 and vested May 11, 2026; the 68-share withholding represents shares withheld by the issuer to satisfy the tax obligation.
• Shares owned after transaction: not specified in the provided filing.

Context
This was a routine RSU vesting event with shares withheld for tax withholding — not an open-market purchase or sale. Such awards are common compensation practices and do not by themselves indicate a change in the insider’s market view. The Form 4 shows the mechanical conversion of RSUs and the withholding; no cash option exercise or market sale was reported.