Dover (DOV) CEO Richard Tobin reports tax-withholding of 5,124 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dover Corp Chairman, President & CEO Richard J. Tobin reported routine share dispositions to cover taxes tied to restricted stock unit vesting. On March 13, 2026, 5,124 shares of common stock were withheld at $204.28 per share as payment of tax liabilities upon partial vesting of grants made on February 10, 2023, February 8, 2024, and February 14, 2025.
After these tax-withholding dispositions, Tobin directly holds 212,855 shares of Dover common stock. He also has indirect holdings of 77,000 shares through a trust and 610 shares in a 401(k) plan. The filing reflects compensation-related tax settlements rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Tobin Richard J
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,734 | $204.28 | $354K |
| Tax Withholding | Common Stock | 1,835 | $204.28 | $375K |
| Tax Withholding | Common Stock | 1,555 | $204.28 | $318K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 216,245 shares (Direct);
Common Stock — 77,000 shares (Indirect, By Trust)
Footnotes (1)
- Shares withheld for taxes in accordance with the terms of the grant upon partial vesting of restricted stock units granted on February 10, 2023. Shares withheld for taxes in accordance with the terms of the grant upon partial vesting of restricted stock units granted on February 8, 2024. Shares withheld for taxes in accordance with the terms of the grant upon partial vesting of restricted stock units granted on February 14, 2025.
FAQ
What insider transaction did Dover (DOV) CEO Richard Tobin report?
Richard J. Tobin reported shares withheld to cover tax liabilities on vested restricted stock units. On March 13, 2026, 5,124 Dover common shares were withheld as payment of taxes, rather than sold in the open market, reflecting a compensation-related event.
Were the Dover (DOV) CEO’s transactions open-market sales or tax withholding?
The reported transactions are tax-withholding dispositions, not open-market sales. Shares were withheld in accordance with grant terms to satisfy tax liabilities when restricted stock units partially vested on awards granted in 2023, 2024, and 2025.
Which equity awards triggered the Dover (DOV) CEO’s tax-withholding entries?
The tax-withholding entries relate to partial vesting of restricted stock units granted on February 10, 2023, February 8, 2024, and February 14, 2025. Upon vesting, portions of the resulting shares were withheld to satisfy associated tax obligations under the award terms.
Does the Dover (DOV) Form 4 show any option exercises or gifts by the CEO?
The Form 4 does not report option exercises or gifts. It shows three F-code tax-withholding dispositions totaling 5,124 shares and two holding entries for indirect ownership through a trust and a 401(k) plan, with no derivative transactions disclosed.