Form 4: Whirlpool Executive Juan Carlos Puente Reports Stock Transactions
SEC Form 4 Filing
EVP & President of Whirlpool LAR, Juan Carlos Puente, reports the vesting of restricted stock units.
Summary
- Juan Carlos Puente, EVP & President of Whirlpool LAR, reported changes in beneficial ownership of Whirlpool Corp stock on August 1, 2024.
- The transactions involved the vesting of restricted stock units granted under the Whirlpool Corporation Omnibus Stock and Incentive Plan.
- A total of 3,000 restricted stock units vested, converting into 3,000 shares of common stock.
- Following these transactions, Puente directly owns 22,336 shares of Whirlpool common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and are monitored by investors to gauge executive sentiment and alignment with company performance.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the executive's holdings.
Key Dates
| Date | Description |
|---|---|
| February 17, 2020 | Date of grant for some of the restricted stock units that vested. |
| August 1, 2020 | Date of grant for some of the restricted stock units that vested. |
| August 1, 2024 | Date of the reported transactions (vesting of restricted stock units). |
| August 5, 2024 | Date of signature on the Form 4 filing. |
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