4Accepted Aug 4, 5:34 PM ET
Whirlpool EVP Martin Carey Receives 5,000 Shares (RSU Vesting)
Accepted (ET)
5:34 PM
Aug 4, 2026
Filed
Aug 4, 2026
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Summary
Whirlpool EVP Martin Carey Receives 5,000 Shares (RSU Vesting)
What Happened Martin Carey, EVP & Chief Human Resources, Corporate Relations and Business, received 5,000 shares on August 1, 2026 as the August 1, 2020 restricted stock units (RSUs) vested. Of those, 1,430.001 shares were surrendered/withheld to cover tax withholding at $38.07 per share (total ≈ $54,440), leaving a net of about 3,570 shares retained. The vesting is reported as a conversion/exercise of a derivative (code M) with a tax withholding disposition (code F).
Key Details
- Transaction date: 2026-08-01; Form 4 filed: 2026-08-04 (timely).
- Vesting: 5,000 RSUs converted to common shares (reported as M; acquisition price $0.00).
- Tax withholding: 1,430.001 shares withheld/disposed at $38.07/share, total ≈ $54,440 (code F).
- Net shares retained from the vesting: ~3,570 shares (5,000 − 1,430.001).
- Footnote: Vesting of RSUs granted Aug 1, 2020 under the Whirlpool Omnibus Stock and Incentive Plan; transaction exempt under Rule 16b-3.
- No indication of an open-market purchase or separate sale; this was a compensation-related vesting event.
Context This was a routine equity compensation vesting event (RSUs) with shares withheld to satisfy tax obligations (a common cashless withholding). Such transactions reflect compensation mechanics rather than an independent buy/sell decision by the insider and do not, by themselves, indicate a change in insider sentiment.