De Jong Kyle Peter 4
Research Summary
AI-generated summary
Whirlpool (WHR) EVP Kyle De Jong Receives Award
What Happened
- Kyle Peter De Jong, EVP & Chief Legal Officer of Whirlpool Corporation (WHR), received a grant of 3,551 restricted stock units (RSUs) reported as a derivative acquisition on 2026-02-16. The Form 4 lists the acquisition price as $0.00 (award/derivative), consistent with an RSU grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-02-16; Form 4 filed: 2026-02-18 (filed within typical 2-business-day window).
- Transaction type/code: Award/Grant (A); 3,551 RSUs; acquisition price reported $0.00 (derivative).
- Vesting/footnote: RSUs vest in three substantially equal installments and convert one-for-one to common shares on 03/01/2027, 03/01/2028, and 03/01/2029.
- Shares owned after transaction: Not specified in the filing.
- No indication of 10b5-1 plan, tax withholding, or immediate sale in this filing.
Context
- RSU grants are a form of compensation and typically vest over time; they are not an open-market purchase or sale and do not directly signal immediate insider buying or selling intent. Purchases are generally more indicative of a bullish personal investment than compensation awards.