Form 4: Whirlpool Director Greg Creed Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Greg Creed acquired 2,014 deferred stock units of Whirlpool Corp on April 15, 2025, according to a Form 4 filing.
Summary
- On April 15, 2025, Greg Creed, a director of Whirlpool Corp, acquired 2,014 deferred stock units.
- These units are part of the Deferred Compensation Plan II for Nonemployee Directors.
- The shares are payable in common stock on a one-for-one basis after Creed's departure from the Board.
- Following the transaction, Creed beneficially owns 11,991.67 deferred stock units.
- The transaction was reported on April 16, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock ownership, indicating a neutral sentiment.
Future Outlook
The deferred stock units will be converted to common stock upon the reporting person's departure from the Board.
Industry Context
This filing is a routine disclosure related to executive compensation and aligns with standard practices for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects deferred compensation arrangements for a director.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Acquisition of deferred stock units. |
| 04/16/2025 | Date of Form 4 filing. |
Keywords
Form 4, Whirlpool, Deferred Stock Units, Director, Greg Creed, WHR, Beneficial Ownership, SEC Filing
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