DuPont (DD) SVP Matthew Abbott reports stock grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours, Inc. senior vice president and CIO Matthew S. Abbott reported two stock transactions. On February 20, he acquired 5,158 shares of common stock as a grant or award at $0.00 per share, increasing his direct holdings. On February 21, 805 shares were disposed of at $50.36 per share to satisfy tax withholding on lapsed restricted stock units and related dividend equivalents, as noted in the footnote. After these transactions, he directly owned 12,446.1375 shares of DuPont common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Abbott Matthew S
Role
SVP, CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 805 | $50.36 | $41K |
| Grant/Award | Common Stock | 5,158 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,446.138 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did DuPont (DD) executive Matthew Abbott report?
Matthew Abbott reported receiving a 5,158-share stock grant and a 805-share tax-withholding disposition. The grant was recorded at $0.00 per share, and the withheld shares were valued at $50.36 per share for tax purposes.
Was the DuPont (DD) insider transaction an open-market stock sale?
The filing shows a tax-withholding disposition of 805 shares, not an open-market sale. These shares were withheld to cover taxes on lapsed restricted stock units and related dividend equivalent units, according to the footnote disclosure.