Form 4: Whirlpool Corp Executive Roxanne Warner Reports Stock Transactions
SEC Form 4 Filing
Roxanne Warner, SVP & Corporate Controller of Whirlpool Corp, reports transactions involving common stock and restricted stock units.
Summary
- On March 1, 2025, Roxanne Warner, SVP & Corporate Controller of Whirlpool Corp, reported several transactions.
- These transactions involved the vesting of restricted stock units and the subsequent acquisition and disposition of common stock.
- Warner also deferred the receipt of some shares into Whirlpool's Executive Deferred Savings Plan II.
- Following these transactions, Warner directly owns 8,386.233 shares of common stock and indirectly owns 264.598 shares through a 401(k) Stock Fund.
- She also holds derivative securities including 100 Deferred Stock units, 538.74 Restricted Stock Units and 569 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment. It's a factual report.
Future Outlook
The remaining restricted stock units will vest in future periods, specifically on March 1, 2026 and March 1, 2027.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units that vest over time, aligning executive interests with long-term shareholder value.
- Deferred compensation plans are also common, allowing executives to defer income and potentially reduce their current tax burden.
- Companies like General Electric (GE) and Samsung also have similar executive compensation and stock ownership reporting requirements.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership of shares.
- The executive's actions are in accordance with the company's compensation plan.
Key Dates
| Date | Description |
|---|---|
| February 14, 2022 | Grant date of some restricted stock units. |
| March 1, 2025 | Date of the reported transactions, including vesting of restricted stock units and deferral of shares. |
| March 1, 2026 | Date when remaining restricted stock units from some awards will vest. |
| March 1, 2027 | Date when remaining restricted stock units from some awards will vest. |
| March 4, 2025 | Date of signature on the Form 4 filing. |
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