Form 4: Whirlpool CEO Marc Bitzer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Whirlpool CEO Marc Bitzer reports a transaction involving common stock, resulting in adjustments to his direct and indirect beneficial ownership.
Summary
- On March 7, 2024, Marc R. Bitzer, the Chairman and CEO of Whirlpool Corporation, reported changes in his beneficial ownership of Whirlpool common stock.
- The transaction involved a gift of 21,715.44 shares of common stock.
- Following the transaction, Bitzer directly owns 0 shares and indirectly owns 182,646.44 shares through various trusts and a 401(k) stock fund.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions.
Stakeholder Impact
- The change in ownership may be of interest to shareholders, as it provides insight into the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction involving Whirlpool common stock. |
| 03/11/2024 | Date of signature by Attorney-In-Fact. |
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