DD officer award modified; PSUs converted to RSUs post spin-off
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours (DD) reported a Form 4 for its Senior Vice President & CHRO. On October 31, 2025, 19,232.5247 shares of common stock were acquired at $0, reflecting a modification tied to the Electronics business spin‑off that converted previously granted PSUs into time‑based RSUs. Following the transaction, 82,808.5419 shares were beneficially owned. The figures include dividend equivalent units and dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Raia Christopher
Role
Senior Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,232.525 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 82,808.542 shares (Direct)
Footnotes (1)
- On October 31, 2025, in connection with the Issuer's spin-off of its Electronics business (the "Spin-Off"), the People and Compensation Committee (the "Committee") of the Board of Directors of the Issuer approved a modification of the award of 11,708 and 10,957 performance share units ("PSUs") previously granted to the reporting person on May 4, 2023 and February 15, 2024, respectively, which modification is intended to preserve the underlying value of the outstanding PSU awards. As modified, the PSUs were converted into time-based restricted stock units ("RSUs"), with the number of RSUs so converted ("Converted RSUs") determined based on achievement of performance up to the completion of the Spin-Off as determined by the Committee. The Converted RSUs remain subject to the same time-based vesting conditions as those under the original PSU awards. Includes dividend equivalent units associated with the Converted RSUs. Includes acquisition of shares pursuant to dividend reinvestment.
FAQ
What did DuPont (DD) disclose in this Form 4?
An officer reported acquiring 19,232.5247 shares at $0 on October 31, 2025, tied to a PSU-to-RSU conversion related to the Electronics spin‑off.
Who is the reporting person in DD’s Form 4?
The filer is a DuPont Senior Vice President & CHRO, filing individually.
Why were PSUs converted to RSUs at DuPont (DD)?
The Board Committee modified prior PSU awards to preserve value after the Electronics spin‑off, converting them to time‑based RSUs based on performance through completion.
Which prior awards were affected at DuPont?
PSUs granted on May 4, 2023 (11,708 units) and February 15, 2024 (10,957 units) were modified and converted to RSUs.
Do the reported amounts include dividends?
Yes. The holdings include dividend equivalent units on the converted RSUs and shares from dividend reinvestment.