Nasi Alessandro 4

What Happened

• Alessandro Nasi, a director of CNH Industrial N.V., had 4,980 restricted share units (RSUs) vest and convert into common shares on May 11, 2026. To cover the tax liability on the vesting, 210 shares were withheld by the issuer at $10.84 per share (total $2,276). After withholding, the reporting person received a net of 4,770 shares. This was a routine award vesting (not an open-market purchase or discretionary sale).

Key Details

• Transaction date: May 11, 2026 (filing date: May 12, 2026 — timely)
• Vesting / conversion: 4,980 RSUs converted into 4,980 common shares (reported as derivative exercise/conversion)
• Tax withholding: 210 shares withheld at $10.84/share = $2,276 (reported under code F)
• Net shares received: 4,770 (4,980 − 210)
• Footnotes: F1 — RSUs convert one-for-one into common shares; F2 — 210 shares withheld to cover tax liability; F3 — RSUs were granted May 15, 2025 and vested May 11, 2026
• Shares owned after transaction: not specified in the filing
• Filing timeliness: Form 4 filed May 12, 2026 for a May 11 transaction (within standard reporting window)

Context

• This filing reflects routine compensation vesting. The conversion of RSUs is reported as a derivative exercise/conversion; the withheld shares are a common tax-withholding method (cashless settlement), not a market sale signaling sentiment. No open-market purchases or discretionary sales by the director were reported.