CNHI Reports Officer/Director Changes, Compensation on Jan 9

Ticker: CNH · Form: 8-K · Filed: 2024-01-12T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, corporate-governance, compensatory-arrangements

TL;DR

**CNHI just reported executive changes and compensation details from Jan 9, watch for strategic shifts.**

AI Summary

CNH Industrial N.V. filed an 8-K on January 12, 2024, reporting an event that occurred on January 9, 2024. The filing indicates changes related to the departure or election of directors or officers and their compensatory arrangements, as well as financial statements and exhibits. This matters to investors because changes in leadership and executive compensation can signal shifts in company strategy, governance, or financial health, potentially impacting the stock's future performance.

Why It Matters

Changes in executive leadership and compensation can influence a company's strategic direction and operational efficiency, directly affecting investor confidence and stock valuation.

Risk Assessment

Risk Level: medium — Changes in leadership can introduce uncertainty regarding future company performance and strategic direction, posing a moderate risk to investors.

Analyst Insight

Investors should monitor CNH Industrial N.V.'s future filings and press releases for specific details regarding the reported changes in directors/officers and compensatory arrangements, as these could impact the company's strategic direction and financial outlook.

Key Numbers

2024-01-09 — Date of Earliest Event Reported (Indicates when the reported changes in directors/officers and compensatory arrangements occurred.)
001-36085 — Commission File Number (Unique identifier for CNH Industrial N.V. with the SEC.)
€0.01 — Par Value of Common Shares (The nominal value assigned to each common share of CNH Industrial N.V.)
3.850% — Interest Rate of Notes due 2027 (The annual interest rate paid on CNH Industrial N.V.'s debt securities maturing in 2027.)

Key Players & Entities

CNH Industrial N.V. (company) — the registrant filing the 8-K
January 9, 2024 (date) — date of the earliest event reported
January 12, 2024 (date) — date the 8-K was filed
001-36085 (other) — Commission File Number for CNH Industrial N.V.
CNHI (other) — Trading Symbol for Common Shares on NYSE
CNHI27 (other) — Trading Symbol for 3.850% Notes due 2027 on NYSE
New York Stock Exchange (other) — exchange where CNHI Common Shares and Notes are registered
€0.01 (dollar_amount) — par value of Common Shares
3.850% (other) — interest rate of Notes due 2027

Forward-Looking Statements

CNH Industrial N.V. will provide more detailed information regarding the specific director/officer changes and compensatory arrangements in a subsequent filing or press release. (CNH Industrial N.V.) — medium confidence, target: 2024-02-15

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 9, 2024.

What specific items were reported under 'ITEM INFORMATION' in this 8-K?

The 'ITEM INFORMATION' section lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.

What is the trading symbol for CNH Industrial N.V.'s Common Shares on the New York Stock Exchange?

The trading symbol for CNH Industrial N.V.'s Common Shares on the New York Stock Exchange is CNHI.

What is the par value of CNH Industrial N.V.'s Common Shares?

The par value of CNH Industrial N.V.'s Common Shares is €0.01.

What is the interest rate and maturity year for CNH Industrial N.V.'s Notes listed on the New York Stock Exchange?

CNH Industrial N.V. has 3.850% Notes due 2027 listed on the New York Stock Exchange, with a trading symbol of CNHI27.

From the Filing

0001193125-24-007553.txt : 20240112 0001193125-24-007553.hdr.sgml : 20240112 20240112163033 ACCESSION NUMBER: 0001193125-24-007553 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20240109 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CNH Industrial N.V. CENTRAL INDEX KEY: 0001567094 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36085 FILM NUMBER: 24532416 BUSINESS ADDRESS: STREET 1: 25 ST. JAMES'S STREET CITY: LONDON, STATE: X0 ZIP: SW1A 1HA BUSINESS PHONE: 011 44 1268 533000 MAIL ADDRESS: STREET 1: 25 ST. JAMES'S STREET CITY: LONDON, STATE: X0 ZIP: SW1A 1HA FORMER COMPANY: FORMER CONFORMED NAME: FI CBM Holdings N.V. DATE OF NAME CHANGE: 20130115 8-K 1 d727452d8k.htm 8-K 8-K 00-0000000 false 0001567094 0001567094 2024-01-09 2024-01-09 0001567094 us-gaap:CommonStockMember 2024-01-09 2024-01-09 0001567094 cnhi:A3.850NotesDue2027Member 2024-01-09 2024-01-09     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     Form 8-K     CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 9, 2024     CNH INDUSTRIAL N.V. (Exact name of registrant as specified in its charter)       Netherlands   001-36085   N/A (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   Cranes Farm Road , Basildon , Essex , SS14 3AD , United Kingdom   N/A (Address of principal executive offices)   (Zip Code) +44 2079 251964 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report)     Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Shares, par value €0.01   CNHI   New York Stock Exchange 3.850% Notes due 2027   CNHI27   New York Stock Exchange Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐       Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 9, 2024, CNH Industrial N.V. (the “Company”) announced that it is reduc