Form 4: Whirlpool Executive Morel Gilles Reports Stock Transactions
SEC Form 4 Filing
EVP and President of EMEA at Whirlpool, Gilles Morel, reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On March 1, 2024, Gilles Morel, EVP and President, EMEA of Whirlpool Corporation, reported transactions involving Whirlpool's common stock.
- Morel vested 4,914 performance-based restricted stock units awarded under the Whirlpool Corporation Omnibus Stock and Incentive Plan for the 2021-2023 performance period.
- Also on March 1, 2024, 1,137.15 shares were disposed of to cover tax obligations at a price of $107.39 per share.
- Following these transactions, Morel directly owns 19,215.61 shares of Whirlpool common stock, which includes shares acquired through dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining market confidence.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions: vesting of restricted stock units and disposition of shares for tax obligations. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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