Dover (DOV) CEO Tobin exercises 210,658 rights and sells stock
Rhea-AI Filing Summary
Dover Corporation Chairman, President & CEO Richard J. Tobin exercised stock appreciation rights covering 210,658 shares of common stock on February 19, 2026, receiving the same number of Dover shares at no exercise price.
On the same date, he disposed of 72,422 shares of common stock back to the issuer and 61,239 shares to satisfy exercise price or tax obligations, both at $231.98 per share. He also sold 76,997 shares of common stock in open-market transactions at $232.70 per share, with a footnote stating these sales occurred at prices ranging from $231.73 to $233.30 on a weighted-average basis.
After these transactions, Tobin directly owned 217,979 shares of Dover common stock and also had indirect holdings of 77,000 shares through a trust and 620 shares through a 401(k) plan. A footnote adds that his beneficial ownership figure includes 34,358 unvested restricted stock units that convert into shares upon vesting.
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