Donaldson CEO exercises options, sells 31,968 shares
Donaldson’s CEO exercised vested options and sold an equal number of DCI shares in a same-day transaction, while retaining option and benefit-plan holdings.
Rhea-AI Filing Summary
DONALDSON Co INC (DCI) reports that Chairman, President and CEO Tod E. Carpenter on September 4, 2026 exercised employee stock options for 31,968 shares of common stock at an exercise price of $42.72 per share, then sold 31,968 common shares at $91.10 per share. The options exercised were fully vested, and following the exercise Carpenter holds 131,500 options directly. He also holds common stock indirectly through benefit plan trusts, with reported positions of 11,303 and 11,978 shares. No transactions are reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 31,968 shares ($1.55M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
Carpenter Tod E.
Role
Chairman, President and CEO
Sold
31,968 shs ($2.91M)
Approx. gross sale proceeds
$2.91M
Approx. exercise cost
$1.37M
Approx. pre-tax spread
$1.55M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F1 | 31,968 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,968 | $42.72 | $1.37M |
| Sale | Common Stock | 31,968 | $91.10 | $2.91M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 131,500 contracts (Direct);
Common Stock — 298,699 shares (Direct);
Common Stock — 11,303 shares (Indirect, By Benefit Plan Trust.);
Common Stock — 11,978 shares (Indirect, By Benefit Plan Trust)
Footnotes (1)
- F1. Fully vested
Key Figures
Options exercised: 31,968 options
Option exercise price: $42.72 per share
Shares sold: 31,968 shares
+4 more
7 metrics
Options exercised
31,968 options
Employee stock options exercised on September 4, 2026
Option exercise price
$42.72 per share
Exercise price for 31,968 options on September 4, 2026
Shares sold
31,968 shares
Common shares sold on September 4, 2026
Sale price
$91.10 per share
Price for 31,968 common shares sold on September 4, 2026
Options held after exercise
131,500 options
Directly held employee stock options after September 4, 2026
Indirect shares in benefit plan trust A
11,303 shares
Indirect common stock holding via a benefit plan trust
Indirect shares in benefit plan trust B
11,978 shares
Indirect common stock holding via a second benefit plan trust
Key Terms
Employee Stock Option, Common Stock, Benefit Plan Trust, Rule 10b5-1 trading plan
4 terms
Employee Stock Option financial
"Employee Stock Option (right to buy)"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Common Stock financial
"underlying security title Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Benefit Plan Trust financial
"nature of ownership By Benefit Plan Trust"
Rule 10b5-1 trading plan regulatory
"no transactions are reported as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DCI’s CEO Tod E. Carpenter report?
Tod E. Carpenter exercised 31,968 stock options and sold 31,968 common shares of Donaldson Co INC on September 4, 2026. The options had a $42.72 exercise price, and the sale price was $91.10 per share, representing a same-day exercise-and-sell transaction.
How many Donaldson (DCI) options does the CEO hold after these transactions?
After the September 4, 2026 option exercise, Carpenter holds 131,500 employee stock options directly. These options are separate from his direct or indirect holdings of Donaldson common stock.
What indirect holdings of DCI stock does the CEO report?
Carpenter reports 11,303 DCI shares and 11,978 DCI shares held indirectly through benefit plan trusts. These positions are described as held by benefit plan trusts rather than directly in his own name.
Were the reported DCI trades made under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan for the reported transactions. The exercise of options and the sale of common shares on September 4, 2026 are not identified as plan-based trades.
Were the Donaldson (DCI) options exercised by the CEO vested?
Yes. A footnote states that the 31,968 employee stock options were fully vested when Carpenter exercised them on September 4, 2026. The options carried an exercise price of $42.72 per share and were due to expire on December 16, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
