Heywood Suzanne 4
Research Summary
AI-generated summary
CNH Industrial Director Suzanne Heywood Receives RSU Award
What Happened
Suzanne Heywood, a director of CNH Industrial N.V. (CNH), was granted 41,080 restricted stock units (RSUs) on May 26, 2026. The award is recorded at an acquisition price of $0.00 (derivative security) and, per the filing, each RSU converts one-for-one into a common share upon vesting.
Key Details
- Transaction type/code: Grant / Award (code A); derivative RSUs (no cash purchase).
- Transaction date: May 26, 2026; filing date: May 27, 2026 (timely).
- Grant specifics: 41,080 RSUs vesting on February 28, 2029.
- Prior RSU grants disclosed: 38,310 RSUs vesting May 10, 2027 and 35,715 RSUs vesting May 10, 2028 (previously reported).
- Total disclosed unvested RSUs across these filings: 115,105 RSUs (sum of 2024, 2025 and 2026 grants) — these convert 1:1 to common shares on their respective vesting dates.
- No sale, purchase, tax withholding, or 10b5-1 plan noted in the provided footnotes.
Context
RSU grants are compensation-based awards and do not represent an open-market purchase or sale. They become common shares only if and when they vest (per the stated schedule). Such grants are routine for executive/director compensation; they increase potential future ownership but do not immediately change the insider’s share count of common stock available for trading.