DuPont (NYSE: DD) director details GRAT gifts and late annuity shares
Rhea-AI Filing Summary
DuPont de Nemours, Inc. (DD) director Edward D. Breen reported two Form 4 transactions involving gifts of common stock. On August 17, 2026, he disposed of 34,485 shares as a bona fide gift to fund a new GRAT 2026-3. On August 25, 2025, he acquired 53,000 shares as annuity payments from prior GRATs, also reported as bona fide gifts. The earlier GRAT-related transactions were reported late due to an inadvertent administrative error, and share amounts were adjusted for a June 1, 2026 reverse stock split.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,515 shares
Net Buy
2 txns
Insider
BREEN EDWARD D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F2, F3 | 34,485 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 53,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 91,492.9878 shares (Direct)
Footnotes (3)
- F1. Represents annuity payments back to Mr. Breen from 2023 GRAT 12 and 2024 GRAT 9. The transactions are being reported late due to an inadvertent administrative error. The number of shares have been adjusted for the reverse stock split that occurred on June 1, 2026.
- F2. Represents the funding of new GRAT 2026-3.
- F3. Includes acquisition of shares pursuant to dividend reinvestment.
Key Figures
Gifted shares to GRAT 2026-3: 34,485 shares
GRAT annuity payment shares: 53,000 shares
Total gift-related shares: 87,485 shares
+2 more
5 metrics
Gifted shares to GRAT 2026-3
34,485 shares
Common stock disposed of on August 17, 2026 as a bona fide gift
GRAT annuity payment shares
53,000 shares
Common stock acquired on August 25, 2025 as annuity payments from 2023 GRAT 12 and 2024 GRAT 9
Total gift-related shares
87,485 shares
Aggregate shares involved in bona fide gift transactions per transaction summary
Transaction price per share (gifts)
$0.00
Per-share transaction price reported for both non-derivative gift transactions
Reverse stock split date
June 1, 2026
Date used to adjust reported GRAT annuity payment share counts
Key Terms
bona fide gift, GRAT, Grantor Retained Annuity Trust, reverse stock split, +1 more
5 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
GRAT financial
"Represents annuity payments back to Mr. Breen from 2023 GRAT 12"
Grantor Retained Annuity Trust financial
"Represents annuity payments back to Mr. Breen from 2023 GRAT 12 and 2024 GRAT 9"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
reverse stock split financial
"adjusted for the reverse stock split that occurred on June 1, 2026"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
dividend reinvestment financial
"Includes acquisition of shares pursuant to dividend reinvestment"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
FAQ
What insider transactions did DD director Edward D. Breen report on this Form 4?
Edward D. Breen reported two bona fide gift transactions in DuPont common stock: a 34,485-share gift funding a new GRAT 2026-3 and a 53,000-share acquisition as annuity payments from earlier GRATs, all held as direct ownership.
Were Edward D. Breen’s DuPont (DD) GRAT transactions reported on time?
The filing states that the GRAT annuity payment transactions were reported late due to an inadvertent administrative error. The disclosure also notes that the reported share amounts reflect a June 1, 2026 reverse stock split adjustment.
Do these DuPont (DD) insider transactions involve a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 affirmation checkbox is not checked, and the footnotes do not reference any Rule 10b5-1 trading plan. The reported activity instead reflects bona fide gift and GRAT-related transfers.
AI-generated analysis. How Rhea-AI works. Not financial advice.
