DuPont (DD) officer disposes shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours, Inc. reported that officer Bloemhard Jeroen disposed of 259 shares of common stock at $49.597 per share to cover taxes on lapsed restricted stock units and related dividend equivalents. Following this tax-withholding disposition, his directly held stake stands at 15,879.6115 shares of DuPont common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bloemhard Jeroen
Role
President, HC and Water Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 259 | $49.597 | $13K |
Holdings After Transaction:
Common Stock — 15,879.612 shares (Direct)
Footnotes (1)
- Taxes withheld on lapsed RSUs and associated dividend equivalent units. Includes acquisition of shares pursuant to dividend reinvestment.
FAQ
What insider transaction did DuPont (DD) report for Bloemhard Jeroen?
DuPont reported that officer Bloemhard Jeroen disposed of 259 common shares at $49.597 each. The transaction was a tax-withholding disposition tied to lapsed restricted stock units and associated dividend equivalents, rather than an open-market purchase or sale.
Was the DuPont (DD) insider transaction an open-market sale or a tax withholding?
The transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld to satisfy tax liabilities on lapsed restricted stock units and related dividend equivalent units, as described in the filing’s footnote, using DuPont common stock already awarded.
What do the footnotes in the DuPont (DD) Form 4 filing explain about the transaction?
The footnotes explain that shares were withheld to pay taxes on lapsed restricted stock units and related dividend equivalents. They also note that the reported holdings include shares acquired through dividend reinvestment, clarifying how the total direct ownership amount was reached.