MacLeod Douglas 4

What Happened

• Douglas MacLeod, President, Financial Services at CNH Industrial (CNH), was granted 19,057 restricted share units (RSUs) on May 26, 2026. The RSUs were recorded at $0.00 (derivative award) and will convert into common shares on a one-for-one basis when they vest. These RSUs are scheduled to vest on February 28, 2029. This is an award/grant (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 27, 2026 (timely filing).
• Security and amount: 19,057 RSUs granted; reported acquisition price $0.00 (derivative).
• Vesting: These RSUs vest on February 28, 2029 (footnote F2). RSUs convert one-for-one to common shares (footnote F1).
• Prior RSU grants noted in the filing: 13,832 RSUs (vesting May 10, 2027), 7,552 RSUs (vesting Apr 30, 2027), and 16,568 RSUs (vesting May 10, 2028) (footnote F3).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timeliness: filed the next day (May 27) for a May 26 transaction, which is within typical SEC Form 4 timing requirements.

Context

• RSU grants are compensation awards that convert into shares only upon vesting; they do not represent an immediate open-market purchase or sale. They typically reflect company compensation practices rather than a direct market view by the insider. No cashless exercise or immediate disposition was reported in this filing.