Form 4: CNH Industrial N.V. Director Karen Linehan Reports Transaction in Common Shares
SEC Form 4 Filing
Director Karen Linehan reports the acquisition of common shares through the vesting of restricted share units and subsequent sale to cover tax obligations.
Summary
- On May 12, 2025, Karen Linehan, a director of CNH Industrial N.V., acquired 5,536 common shares through the vesting of restricted share units (RSUs).
- These RSUs convert into common shares on a one-for-one basis.
- On May 13, 2025, Ms. Linehan sold 181 common shares at a price of $13.335 to cover tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Ms. Linehan beneficially owns 17,258 common shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common occurrences in publicly traded companies and are regulated to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to routine compensation and tax obligations of a company director.
Key Dates
| Date | Description |
|---|---|
| June 10, 2024 | Reporting Person was granted 5,536 RSUs |
| May 12, 2025 | RSUs vested and converted into common shares. |
| May 13, 2025 | Sale of 181 shares to cover tax obligations. |
| May 14, 2025 | Date of signature for the report. |
Keywords
Form 4, CNH Industrial N.V., Karen Linehan, Director, Common Shares, Restricted Share Units, Transaction, Beneficial Ownership, SEC
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