Form 4: Whirlpool SVP Roxanne Warner Reports Stock Transactions

Roxanne Warner, SVP & Corporate Controller of Whirlpool, reports the vesting and disposal of restricted stock units and acquisition of additional units.

Summary

• Roxanne Warner, a Senior Vice President and Corporate Controller at Whirlpool Corporation, filed a Form 4 detailing changes in her beneficial ownership of Whirlpool stock.
• On February 15, 2025, restricted stock units vested, resulting in the acquisition of 3,750 shares of common stock.
• Also on February 15, 2025, 1,141.845 shares were disposed of to cover tax obligations at a price of $103.89 per share.
• On February 17, 2025, Warner acquired 981 and 5,000 restricted stock units.
• Following these transactions, Warner directly owns 8,009.155 shares of common stock and indirectly owns 264.598 shares through a 401(k) stock fund.
• She also holds 5,981 restricted stock units that will vest in the future.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing reflecting standard compensation practices. There are no overtly positive or negative implications.

Positives

• The acquisition of additional restricted stock units demonstrates Warner's continued investment in Whirlpool's future.

Negatives

• The disposal of shares to cover tax obligations, while common, slightly reduces Warner's direct holdings in the company.

Future Outlook

The document does not contain specific forward-looking statements, but it details the vesting schedule for future restricted stock units.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates the compensation structure for Whirlpool executives includes stock-based compensation.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies, including Whirlpool's competitors like Samsung, LG, and GE Appliances (owned by Haier).
• The vesting schedules and terms of restricted stock units are generally aligned with industry standards to incentivize long-term performance and retention.
• The specific amounts and vesting schedules can vary based on company performance, individual contributions, and overall compensation strategy.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Whirlpool, Stock, Restricted Stock Units, Beneficial Ownership, Warner, WHR