DuPont (NYSE: DD) SVP & General Counsel has 1,076 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours, Inc. executive Erik T. Hoover, SVP & General Counsel, reported a tax-related share disposition. On February 15, 1,076 shares of common stock were withheld at $49.597 per share to cover taxes on lapsed RSUs and related dividend equivalents. After this withholding, he directly held 107,953.8355 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hoover Erik T.
Role
SVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,076 | $49.597 | $53K |
Holdings After Transaction:
Common Stock — 107,953.836 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DuPont (DD) executive Erik T. Hoover report?
Erik T. Hoover reported a tax-withholding disposition of 1,076 DuPont common shares. These shares were withheld to satisfy tax obligations on lapsed restricted stock units and related dividend equivalents, rather than sold in an open-market transaction.
Was Erik T. Hoovers DuPont (DD) Form 4 a regular stock sale?
No, the Form 4 reports a tax-withholding disposition, not a regular stock sale. Shares were withheld by the issuer to pay taxes arising from lapsed restricted stock units and associated dividend equivalents, as described in the filing footnote.
What does transaction code F mean on DuPont (DD) insider Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,076 DuPont shares were withheld to satisfy taxes on lapsed restricted stock units and associated dividend-equivalent units, rather than sold on the open market.