DuPont (DD) CFO Franzen reports tax-withholding share disposition on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours, Inc. SVP & CFO Antonella B. Franzen reported a routine tax-withholding share disposition related to vesting equity awards. On this event, 245.8361 shares of common stock were withheld at $45.54 per share to cover taxes on lapsed RSUs and associated dividend equivalent units, rather than sold on the open market. After this withholding, she directly holds 70,366.7801 shares of DuPont common stock, including shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Franzen Antonella B
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 245.836 | $45.54 | $11K |
Holdings After Transaction:
Common Stock — 70,366.78 shares (Direct, null)
Footnotes (1)
- Taxes withheld on lapsed RSUs and associated dividend equivalent units. Includes acquisition of shares pursuant to dividend reinvestment.
Key Figures
Shares withheld for taxes: 245.8361 shares
Withholding price per share: $45.54 per share
Shares held after transaction: 70,366.7801 shares
+1 more
4 metrics
Shares withheld for taxes
245.8361 shares
Tax-withholding disposition on lapsed RSUs and dividend equivalents
Withholding price per share
$45.54 per share
Value used for tax-withholding disposition
Shares held after transaction
70,366.7801 shares
Direct DuPont common stock holdings following tax withholding
Tax-withholding transactions
1 transaction
Count of tax-withholding dispositions reported in this Form 4
Key Terms
Restricted Stock Units, dividend equivalent units, tax-withholding disposition, dividend reinvestment
4 terms
Restricted Stock Units financial
"Taxes withheld on lapsed RSUs and associated dividend equivalent units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
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.
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 transaction did DuPont (DD) SVP & CFO Antonella Franzen report?
Antonella B. Franzen reported a tax-related share disposition, where 245.8361 DuPont common shares were withheld at $45.54 per share to cover taxes on lapsed RSUs and related dividend equivalents, rather than being sold on the open market.
What do the footnotes in the DuPont (DD) Form 4 filing explain?
The footnotes explain that shares were withheld to cover taxes on lapsed RSUs and dividend equivalent units, and that the reported post-transaction holdings include additional shares acquired through dividend reinvestment. This clarifies the administrative nature of the disposition and the source of some holdings.