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.

Insider Trade Summary

Net Seller: 76,997 shares ($17,917,202)

Net Sell 7 txns

Insider Tobin Richard J

Role Chairman, President & CEO

Sold 76,997 shs ($17.92M)

Type	Security	Shares	Price	Value
Exercise	Stock appreciation right (right to acquire)	210,658	$0.00	--
Exercise	Common Stock	210,658	$0.00	--
Disposition	Common Stock	72,422	$231.98	$16.80M
Tax Withholding	Common Stock	61,239	$231.98	$14.21M
Sale	Common Stock	76,997	$232.70	$17.92M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Stock appreciation right (right to acquire) — 0 shares (Direct); Common Stock — 428,637 shares (Direct); Common Stock — 77,000 shares (Indirect, By Trust)

Footnotes (1)

1. Number of shares beneficially owned includes 34,358 unvested restricted stock units, each of which represents a contingent right to receive one share of Dover common stock upon vesting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $231.73 to $233.30 inclusive. The reporting person undertakes to provide to Dover Corporation, any security holder of Dover Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tobin Richard J

(Last) (First) (Middle)

C/O DOVER CORPORATION

3005 HIGHLAND PARKWAY

(Street)

DOWNERS GROVE IL 60515

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DOVER Corp [ DOV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/19/2026		M		210,658	A	$0	428,637(1)	D
Common Stock	02/19/2026		D		72,422	D	$231.98	356,215(1)	D
Common Stock	02/19/2026		F		61,239	D	$231.98	294,976(1)	D
Common Stock	02/19/2026		S		76,997	D	$232.7(2)	217,979	D
Common Stock								77,000	I	By Trust
Common Stock								620	I	401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock appreciation right (right to acquire)	$79.75	02/19/2026		M			210,658	05/23/2021	05/23/2028	Common Stock	210,658	$0	0	D

Explanation of Responses:

1. Number of shares beneficially owned includes 34,358 unvested restricted stock units, each of which represents a contingent right to receive one share of Dover common stock upon vesting.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $231.73 to $233.30 inclusive. The reporting person undertakes to provide to Dover Corporation, any security holder of Dover Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

	/s/ Richard J. Tobin by John C. Nelson, Attorney in Fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Dover (DOV) CEO Richard J. Tobin do in this Form 4 filing?

Richard J. Tobin exercised stock appreciation rights for 210,658 Dover shares and completed related share dispositions and sales. These included shares returned to the issuer, shares withheld for taxes, and an open-market sale of 76,997 common shares on February 19, 2026.

How many Dover (DOV) shares did the CEO sell in the open market?

Richard J. Tobin sold 76,997 shares of Dover common stock in open-market transactions. The reported sale price was $232.70 per share, with a footnote noting a weighted-average price across trades between $231.73 and $233.30 per share.

What share dispositions did Dover (DOV) report for its CEO related to taxes and issuer transactions?

The CEO disposed of 72,422 shares of common stock back to Dover and 61,239 shares to cover exercise price or tax liabilities. Both dispositions were reported at $231.98 per share, tied to the same February 19, 2026 transaction date as the stock appreciation right exercise.

How many Dover (DOV) shares does the CEO own after these transactions?

Following the reported transactions, Richard J. Tobin directly held 217,979 Dover common shares. He also had indirect ownership of 77,000 shares through a trust and 620 shares through a 401(k) plan, plus 34,358 unvested restricted stock units counted in beneficial ownership.

What derivative security did Dover (DOV) CEO exercise in this Form 4?

He exercised a stock appreciation right, described as a right to acquire Dover common stock. The exercise covered 210,658 shares at an exercise price of $0.00 per share, resulting in the acquisition of the same number of common shares on February 19, 2026.

How were the Dover (DOV) CEO’s sale prices reported in this filing?

For the open-market sale, the filing lists $232.70 per share, with a footnote stating it is a weighted-average price. The actual trades occurred in multiple transactions at prices between $231.73 and $233.30 inclusive on February 19, 2026.