DD officer award modified; PSUs converted to RSUs post spin-off
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,232.525 | $0.00 | -- |
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?
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Why were PSUs converted to RSUs at DuPont (DD)?
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