Dover (NYSE: DOV) SVP exercises 39,775 stock rights and reports share sales
Rhea-AI Filing Summary
Dover Corporation senior vice president, general counsel and secretary Ivonne M. Cabrera reported multiple equity transactions in company stock. On 12/03/2025, she exercised a stock appreciation right covering 39,775 shares of common stock at an exercise price of $48.28 per share, resulting in an acquisition of the same number of Dover shares.
That same day, she disposed of 10,154 shares in an open-market sale at $189.13 per share and 13,123 shares were withheld at $189.13 to cover tax obligations. On 12/04/2025, she sold an additional 2,630 shares at a weighted average price of $190.8044 per share, with individual sale prices ranging from $190.77 to $190.895.
Following these transactions, Cabrera beneficially owned 72,968 shares of Dover common stock directly and 2,114 shares indirectly through a 401(k) plan, and no stock appreciation rights remained outstanding from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,630 | $190.8044 | $502K |
| Exercise | Stock appreciation right (right to acquire) | 39,775 | $0.00 | $0.00 |
| Exercise | Common Stock | 39,775 | $48.28 | $1.92M |
| Disposition | Common Stock | 10,154 | $189.13 | $1.92M |
| Exercise Price or Tax Liability | Common Stock | 13,123 | $189.13 | $2.48M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $190.77 to $190.895 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.
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FAQ
What insider transactions did DOV's Ivonne M. Cabrera report on this Form 4?
Ivonne M. Cabrera, a senior vice president, general counsel and secretary of Dover Corporation (DOV), reported exercising a stock appreciation right for 39,775 shares on 12/03/2025, followed by multiple stock sales and tax-withholding transactions on 12/03/2025 and 12/04/2025.
What happened to Cabrera's stock appreciation right in Dover (DOV)?
The stock appreciation right with an exercise price of $48.28, covering 39,775 underlying shares and expiring on 02/11/2026, was fully exercised on 12/03/2025, leaving 0 derivative securities from this grant beneficially owned.