Bastoni Elizabeth A. 4

What Happened

• Elizabeth A. Bastoni, a director of CNH Industrial N.V. (CNH), had 4,980 restricted share units (RSUs) vest on May 11, 2026. The RSUs converted into common shares on a one-for-one basis. To satisfy tax withholding, 50 of the newly issued shares were withheld (disposed) for $10.84 each, resulting in $542 withheld. The transaction is reported as a conversion/exercise of a derivative (RSU vesting) and a tax withholding disposition.

Key Details

• Transaction date: May 11, 2026 (reported on Form 4 filed May 12, 2026).
• Primary event: 4,980 RSUs vested and converted to 4,980 common shares (derivative conversion, code M).
• Tax withholding: 50 shares withheld to cover tax liability (code F) at $10.84 per share = $542.
• Grant/vesting context: 4,980 RSUs were granted May 15, 2025 and vested May 11, 2026 (footnotes).
• Shares owned after the transaction: not specified in the supplied filing excerpt.
• Timeliness: Filing covers the May 11, 2026 vesting and was filed May 12, 2026 (appears timely).

Context

• This was a routine equity award vesting (an award converting into shares), not an open-market purchase or sale for investment. The withholding of shares to meet tax obligations is a standard administrative step and doesn't necessarily reflect buying or selling intent in the market.