DuPont (NYSE: DD) SVP Hoover has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DuPont de Nemours, Inc. senior vice president and general counsel Erik T. Hoover reported a routine tax-related share disposition. On May 4, 2026, 1,525.6839 shares of common stock were withheld at $45.5400 per share to cover taxes on lapsed RSUs and associated dividend equivalent units. Following this withholding and including shares acquired through dividend reinvestment, Hoover directly holds 115,971.9470 shares of DuPont common stock.
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 | 1,525.684 | $45.54 | $69K |
Holdings After Transaction:
Common Stock — 115,971.947 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: 1,525.6839 shares
Withholding price per share: $45.5400 per share
Shares held after transaction: 115,971.9470 shares
3 metrics
Shares withheld for taxes
1,525.6839 shares
Common stock withheld on May 4, 2026 for RSU taxes
Withholding price per share
$45.5400 per share
Price applied to tax-withholding disposition of common stock
Shares held after transaction
115,971.9470 shares
Direct DuPont common stock holdings after tax withholding
Key Terms
restricted stock units, dividend equivalent units, dividend reinvestment, tax-withholding disposition
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.
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.
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.
FAQ
What insider transaction did DuPont (DD) SVP Erik Hoover report?
Erik T. Hoover reported a tax-related share withholding, not an open-market trade. On May 4, 2026, DuPont common shares were withheld to satisfy taxes due on lapsed RSUs and related dividend equivalent units, as disclosed in the Form 4 filing.
Was Erik Hoover’s DuPont (DD) Form 4 an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares of DuPont common stock were withheld to pay tax obligations on lapsed RSUs and dividend equivalent units, consistent with transaction code F and the filing’s explanatory footnote.
What does transaction code F mean in the DuPont (DD) Form 4?
Transaction code F in this DuPont Form 4 refers to payment of taxes by delivering securities. In Hoover’s case, it represents shares of common stock withheld to satisfy tax liabilities tied to lapsed restricted stock units and related dividend equivalent units.