DuPont (NYSE: DD) SVP receives stock grant and shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours SVP & General Counsel Erik T. Hoover reported two stock transactions. He received a grant of 11,903 shares of common stock at no cost, then had 2,583 shares withheld at $50.36 per share to cover taxes on lapsed RSUs and related dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hoover Erik T.
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,583 | $50.36 | $130K |
| Grant/Award | Common Stock | 11,903 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 117,273.698 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did DuPont (DD) report for Erik T. Hoover?
Erik T. Hoover reported a stock grant and a tax-related share withholding. He received 11,903 DuPont common shares as a grant, then 2,583 shares were withheld to satisfy tax obligations on lapsed RSUs and associated dividend equivalent units.
Was the DuPont (DD) insider transaction an open-market sale?
No, the filing shows a tax-withholding disposition, not an open-market sale. 2,583 shares were withheld at $50.36 per share to pay taxes on lapsed restricted stock units and related dividend equivalent units, rather than being sold at the insider’s discretion in the market.
What does the Form 4 tax-withholding code F mean for DuPont (DD)?
Code F on the Form 4 indicates shares were used to pay taxes on equity compensation. For DuPont, 2,583 shares of common stock were withheld to cover tax liabilities arising from lapsed restricted stock units and associated dividend equivalent units held by Erik T. Hoover.
How did these DuPont (DD) insider transactions affect Erik T. Hoover’s holdings?
After the 11,903-share grant, Erik T. Hoover’s direct DuPont holdings increased to 119,856.6984 shares. Following the 2,583-share tax withholding, his direct ownership stood at 117,273.6984 shares, reflecting routine equity compensation and related tax settlement activity.