Form 4: Whirlpool CEO Marc Bitzer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Whirlpool's CEO, Marc Bitzer, reports changes in his beneficial ownership of company stock due to gift transactions.
Summary
- On March 4th and 5th, 2025, Marc Bitzer, the Chairman and CEO of Whirlpool, reported changes in his beneficial ownership of Whirlpool common stock.
- These changes involve gifts of stock.
- On March 4th, 385 shares were disposed of by trust for the reporting person and 385 shares were acquired by trusts for immediate family members.
- On March 5th, 418 shares were disposed of by trust for the reporting person and 418 shares were acquired by trusts for immediate family members.
- Following these transactions, Bitzer directly owns no shares, but indirectly owns 196,837.44 shares through a trust, 4,517 shares through trusts for immediate family members, and 8,308.896 shares through a 401(k) stock fund.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in stock ownership, which carries a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Gift of 385 shares of common stock. |
| 03/05/2025 | Gift of 418 shares of common stock. |
| 03/06/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.