De Jong Kyle Peter 4
4 · WHIRLPOOL CORP /DE/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Whirlpool (WHR) EVP Kyle De Jong Receives 902 Shares via RSU Vesting
What Happened
- Kyle Peter De Jong, EVP & Chief Legal Officer of Whirlpool Corporation (WHR), had 902 derivative units convert to shares (codes M) on March 1, 2026. No exercise price was paid for the conversion ($0.00 per share).
- To cover tax liabilities (codes F), a total of 305.779 shares were surrendered/withheld at $69.13 per share for aggregate withholding of $21,139 (breakdown: 66.106 shares / $4,570; 92.547 shares / $6,398; 147.126 shares / $10,171).
- Net new shares retained by De Jong after withholding: 902 − 305.779 = 596.221 shares. These transactions are described as vesting/conversion of restricted stock units (RSUs) and are routine compensation events rather than open-market purchases or sales.
Key Details
- Transaction date: March 1, 2026. Form filed: March 3, 2026 (timely).
- Conversion entries recorded at $0.00 (M = exercise/conversion of derivative); withholding entries recorded at $69.13 (F = payment of tax liability).
- Total shares converted: 902 (195 + 273 + 434). Total shares withheld: 305.779; total cash withheld for taxes: $21,139.
- Shares owned after transaction: not specified in the reported Form 4 (filing shows the conversion and withholding but does not state total holdings after the event).
- Footnotes: F1–F3 indicate these were vestings of RSUs granted under the Whirlpool Omnibus Stock & Incentive Plan (grants dated Feb 20, 2023; Feb 19, 2024; Feb 17, 2025). Remaining RSUs from the 2024 and 2025 grants vest on future dates (notably March 1, 2027 and March 1, 2028) per the footnotes. Transactions are reported as exempt under Rule 16b-3 (standard for company-granted awards).
- Transaction codes explained: M = exercise/conversion of derivative (here, RSU conversion); F = payment of exercise price or tax liability (here, share withholding to cover taxes).
Context
- This was RSU vesting with a sell-to-cover/withholding for taxes — a common, administrative outcome of equity compensation. It should not be read as an open-market sale indicating a change in investment view.
- Because shares were withheld to pay taxes rather than sold on the open market by the insider, the event is primarily a compensation/tax event rather than directional insider trading.
Insider Transaction Report
Form 4
De Jong Kyle Peter
EVP & Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-01+195→ 6,695.49 total - Tax Payment
Common Stock
2026-03-01$69.13/sh−66.106$4,570→ 6,629.384 total - Exercise/Conversion
Common Stock
[F2]2026-03-01+273→ 6,902.384 total - Tax Payment
Common Stock
2026-03-01$69.13/sh−92.547$6,398→ 6,809.837 total - Exercise/Conversion
Common Stock
[F3]2026-03-01+434→ 7,243.837 total - Tax Payment
Common Stock
2026-03-01$69.13/sh−147.126$10,171→ 7,096.711 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-01−195→ 0 total→ Common Stock (195 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-03-01−273→ 272 total→ Common Stock (273 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-03-01−434→ 865 total→ Common Stock (434 underlying)
Holdings
- 503.997(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Vesting of remaining restricted stock units granted on February 20, 2023 under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3.
- [F2]Vesting of restricted stock units granted on February 19, 2024 under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3. The remaining restricted stock units will vest on March 1, 2027 and convert one-for-one to shares on that date.
- [F3]Vesting of restricted stock units granted on February 17, 2025 under the Whirlpool Corporation Omnibus Stock and Incentive Plan in a transaction exempt under Rule 16b-3. The remaining restricted stock units will vest in two substantially equal installments on March 1, 2027 and March 1, 2028 and convert one-for-one to shares on those dates.
Signature
/s/ Bridget K. Quinn, Attorney-In-Fact|2026-03-03