Schroeder Jay 4

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.