CNH Industrial CTO Jay Schroeder Withholds 1,246 Shares for Taxes

What Happened
Jay Schroeder, Chief Technology Officer of CNH Industrial N.V. (CNH), had 1,246 shares withheld by the company to satisfy his tax liability related to restricted stock units (RSUs). The shares were valued at $10.62 each, for a total disposition value of $13,233. This was a tax withholding (code F), not an open‑market sale or purchase.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (timely filing).
• Shares withheld/disposed: 1,246 at $10.62 each; total ≈ $13,233.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Withholding represents shares retained by the issuer to cover the reporting person’s tax liability from RSU vesting on May 4, 2026 (F1).
• Transaction type: Tax withholding (code F) — routine administrative disposition.

Context
Tax-withholding by the issuer is a common, administrative action when RSUs vest: the company keeps a portion of vested shares to cover required taxes. Because this is a withholding rather than an open-market sale, it generally does not convey a change in insider sentiment about the company.