Bitzer Marc R 4

What Happened

• Marc R. Bitzer, Chairman and CEO of Whirlpool Corp (WHR), received an award of 42,282 restricted stock units (RSUs) on 2026-02-16. The award is reported as an acquisition at $0.00 (derivative award), meaning Bitzer did not pay cash for the units; they are compensation rather than an open‑market purchase.
• The RSUs convert one-for-one into common shares upon vesting; no immediate sale or cash proceeds were reported.

Key Details

• Transaction date and type: 2026-02-16 — Award/Grant (code A) of 42,282 RSUs at $0.00 (derivative).
• Vesting schedule (footnote): RSUs vest in three substantially equal installments and convert 1-for-1 to shares on 03/01/2027, 03/01/2028 and 03/01/2029.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Form filed 2026-02-18 for a 2026-02-16 grant; appears to be filed promptly (Form 4 is typically due within two business days).
• No tax-withholding, 10b5-1 plan, or sale details were indicated in the provided information.

Context

• RSU awards are a common form of executive compensation; they do not represent an immediate market purchase and only convert to tradable shares when they vest (subject to company rules).
• This transaction is an award rather than a buy/sell signal; retail investors should view it as compensation disclosure rather than direct insider buying interest.