Tamsons Asa 4

What Happened
Tamsons Asa, a director of CNH Industrial N.V. (CNH), had 4,980 restricted share units (RSUs) vest on May 11, 2026. The RSUs converted one-for-one into 4,980 common shares. The issuer withheld 72 shares to satisfy the reporting person's tax liability (72 shares × $10.84 = $780), resulting in a net issuance of 4,908 shares to Asa.

Key Details

• Transaction date: May 11, 2026 (reported on Form 4 filed May 12, 2026).
• Primary transaction: Conversion/settlement of 4,980 RSUs into 4,980 common shares (code M).
• Tax withholding: 72 shares withheld (code F) at $10.84/share for $780 total.
• Net shares received: 4,908.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: RSUs convert one-for-one; the 4,980 RSUs were granted May 15, 2025 and vested May 11, 2026; 72 shares withheld to cover tax liability.
• Timeliness: Filing appears timely (transaction 5/11/2026, Form 4 filed 5/12/2026).

Context
This was an RSU vesting and net-share settlement (not an open-market buy or sale). Withholding shares to cover taxes is a routine administrative action and doesn't by itself indicate a change in the insider's market view. Transaction codes: M = exercise/conversion of a derivative (here, RSU conversion); F = shares withheld to cover taxes.