CNH.NYSECnh Industrial NV

Form 4: CNH Industrial Executive Kelly Manley Reports Share Transactions Following PSU Vesting

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SEC Form 4 Filing

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Kelly Manley, Chief Human Resources Officer at CNH Industrial N.V., reports the acquisition of shares through vested performance share units (PSUs) and subsequent sale to cover tax obligations.

Summary

  • On February 28, 2025, Kelly Manley, Chief Human Resources Officer of CNH Industrial N.V., acquired 19,448 common shares due to the vesting of performance share units (PSUs) granted under the company's 2022-2024 Long-Term Incentive Plan.
  • The PSUs vested upon the achievement of certain performance criteria.
  • On March 4, 2025, Manley sold 5,613 common shares at a price of $11.64 per share.
  • This sale was conducted to cover tax withholding obligations related to the vesting of the PSUs.
  • Following these transactions, Manley beneficially owns 148,815 common shares of CNH Industrial N.V.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing share transactions by an executive. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related sales.

Key Dates

DateDescription
02/28/2025Vesting of 19,448 performance share units (PSUs) resulting in acquisition of common shares.
03/04/2025Sale of 5,613 common shares at $11.64 per share to cover tax withholding obligations.

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