Form 4: Whirlpool CEO Marc Bitzer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Whirlpool's CEO, Marc Bitzer, reported changes in his beneficial ownership of the company's stock due to a gift transaction.
Summary
- On October 25, 2024, Marc R. Bitzer, the Chairman and CEO of Whirlpool Corporation, reported changes in his beneficial ownership of Whirlpool common stock.
- Bitzer gifted 14,500 shares of common stock.
- Following the transaction, Bitzer directly owns 0 shares and indirectly owns 207,640.44 shares through a trust for the reporting person, 3,714 shares through trusts for immediate family members and 8,040.453 shares through 401(k) Stock Fund.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating 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 transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of the transaction involving the gift of common stock. |
| 10/29/2024 | Date of signature by Attorney-In-Fact. |
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