Schroeder Jay 4
4 · CNH Industrial N.V. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
CNH Industrial (CNH) CTO Jay Schroeder Receives RSU Award
What Happened
Jay Schroeder, Chief Technology Officer of CNH Industrial N.V. (CNH), was granted 23,472 restricted share units (RSUs) on May 26, 2026. The grant is reported as a derivative award (23,472 shares @ $0.00), meaning no cash was paid at grant. Per the filing, each RSU converts to one common share on a one-for-one basis when vested; these RSUs vest on February 28, 2029.
Key Details
- Transaction date: May 26, 2026; reported on Form 4 filed May 27, 2026 (filed promptly the next day).
- Grant specifics: 23,472 RSUs, reported acquisition price $0.00 (award/derivative).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes of note:
- F1: RSUs convert to common shares 1:1 on vesting.
- F2: This grant vests on Feb 28, 2029.
- F3: Prior RSU grants reported: 11,096 (vest May 10, 2027), 11,523 (vest Apr 30, 2027), 39,247 (vest May 10, 2027), and 20,407 (vest May 10, 2028).
- Filing timeliness: Reported the next day; no late filing indication in this record.
Context
RSU grants are a form of compensation and do not represent an immediate market purchase or sale. They become actual shares only if and when they vest; until then they are a contingent award. For retail investors, such awards signal executive compensation alignment with long-term performance but should not be treated the same as an insider cash purchase.
Insider Transaction Report
- Award
Restricted Share Units
[F1][F2][F3]2026-05-26+23,472→ 105,745 total→ Common Shares (23,472 underlying)
Footnotes (3)
- [F1]Restricted share unites ("RSUs") convert into common shares on a one-for-one basis.
- [F2]On May 26, 2026, the Reporting Person was granted 23,472 RSUs vesting on February 28, 2029.
- [F3]As previously reported, on May 10, 2024, the Reporting Person was granted 11,096 RSUs vesting on May 10, 2027. On November 15, 2024, the Reporting Person was granted 11,523 RSUs vesting on April 30, 2027. On March 10, 2025, the Reporting Person was granted 39,247 RSUs vesting on May 10, 2027. On May 16, 2025, the Reporting Person was granted 20,407 vesting on May 10, 2028.