DuPont CEO logs tax share withholding and small sale
DuPont de Nemours, Inc. CEO Lori Koch reported two common stock transactions.
Rhea-AI Filing Summary
DuPont de Nemours, Inc. CEO Lori Koch reported two common stock transactions. She had 4,672.5058 shares withheld at $48.03 per share to cover taxes on lapsed RSUs and related dividend-equivalent units, a non-market, compensation-related disposition. She also executed an open-market sale of 260.9784 shares at $48.82 per share within her 401(k) retirement savings plan. According to the disclosure, this 401(k) sale was voluntarily initiated ahead of the planned elimination of the company stock fund as an investment option, and the proceeds were immediately reinvested in other plan investment options. After these transactions, she directly holds 345,172.0573 shares and retains a very small indirect balance of 0.0204 shares in the retirement plan.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 260.9784 shares
Net Sell
2 txns
Insider
Koch Lori
Role
CEO
Sold
260.9784 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 260.9784 | $48.82 | $13K |
| Exercise Price or Tax Liability | Common Stock | 4,672.5058 | $48.03 | $224K |
Holdings After Transaction:
Common Stock — 345,172.0573 shares (Direct);
Common Stock — 0.0204 shares (Indirect, Retirement Savings Plan)
Footnotes (2)
- F1. Taxes withheld on lapsed RSUs and associated dividend equivalent units.
- F2. The reported sale of shares was executed within the reporting person's 401(k) plan and was voluntarily initiated by the reporting person in advance of the planned elimination of the company stock fund as an investment option under the plan. The proceeds from this transaction were immediately reinvested in other investment options available under the plan.
Key Figures
Open-market 401(k) sale: 260.9784 shares at $48.82
Tax-withholding shares: 4,672.5058 shares at $48.03
Direct holdings after transactions: 345,172.0573 shares
+2 more
5 metrics
Open-market 401(k) sale
260.9784 shares at $48.82
Common stock sale within 401(k) plan
Tax-withholding shares
4,672.5058 shares at $48.03
Taxes on lapsed RSUs and dividend equivalents
Direct holdings after transactions
345,172.0573 shares
Common stock held directly by CEO
Indirect 401(k) balance after sale
0.0204 shares
Common stock held via retirement savings plan
Net open-market activity
260.9784 net shares sold
Net buy/sell direction reported as net-sell
Key Terms
Restricted Stock Units (RSUs), dividend equivalent units, 401(k) plan, company stock fund, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Taxes withheld on lapsed RSUs and associated dividend equivalent units."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
dividend equivalent units financial
"Taxes withheld on lapsed RSUs and associated dividend equivalent units."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
401(k) plan financial
"executed within the reporting person's 401(k) plan and was voluntarily initiated"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
company stock fund financial
"planned elimination of the company stock fund as an investment option under the plan."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DuPont (DD) CEO Lori Koch report in this Form 4 filing?
Lori Koch reported a small open-market sale and a larger tax-related share disposition. She sold 260.9784 DuPont shares in her 401(k) and had 4,672.5058 shares withheld to cover taxes on lapsed RSUs and related dividend-equivalent units.
Why was DuPont (DD) stock sold in Lori Koch’s 401(k) plan?
The filing states the 401(k) sale was voluntarily initiated before the planned elimination of the DuPont stock fund as an investment option. Proceeds from the 260.9784 shares sold were immediately reinvested in other available investment options within the plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
