Form 4: Whirlpool EVP Ludovic Beaufils Reports Stock Transactions

EVP Ludovic Beaufils reports transactions involving Whirlpool common stock and restricted stock units.

Summary

• On March 1, 2024, Ludovic Beaufils, an EVP at Whirlpool, engaged in transactions involving the company's stock.
• These transactions included the vesting of 985 performance-based restricted stock units, the withholding of 251.17 shares for tax purposes at a price of $107.39, and the deferral of 241.45 shares into Whirlpool's Executive Deferred Savings Plan II.
• Following these transactions, Beaufils directly owns 10,470.38 shares of common stock and indirectly owns 1,534.148 shares through a 401(k) Stock Fund.
• He also holds 1,365.75 shares of deferred stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred stock is payable following the reporting person's termination of employment with Whirlpool Corporation.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
• The deferral of stock into the Executive Deferred Savings Plan II could impact the executive's long-term compensation and retirement planning.

Key Dates