Dover (DOV) CFO receives equity awards and withholds shares for taxes
Rhea-AI Filing Summary
DOVER Corp Senior VP & CFO Christopher B. Woenker reported equity awards and related share movements. He received 9,594 stock appreciation rights on February 13, 2026, which are derivative securities tied to Dover common stock.
On the same date, he acquired 1,079 shares of common stock as a grant of restricted stock units and a further 814 shares from settlement of performance shares, both at a stated price of $0.0000 per share. A total of 262 shares of common stock were disposed of at $231.63 per share to cover tax liabilities by delivering shares. Direct common stock holdings after these transactions were 4,184 shares, with an additional 2,287 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insights
Routine equity awards to Dover’s CFO with small tax‑related share disposition.
The filing shows Christopher B. Woenker receiving stock-based compensation rather than engaging in open-market trading. Grants include 9,594 stock appreciation rights and common stock issued via restricted stock units and performance share settlements, all recorded at a grant price of $0.0000 per share.
One transaction disposes of 262 common shares at $231.63 per share to satisfy tax obligations, a common mechanism that does not represent an open-market sale. After these changes, he holds 4,184 shares directly plus 2,287 indirectly via a 401(k) plan. Overall, the pattern is consistent with standard executive compensation and appears neutral for shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Appreciation Right | 9,594 | $0.00 | -- |
| Grant/Award | Common Stock | 1,079 | $0.00 | -- |
| Grant/Award | Common Stock | 814 | $0.00 | -- |
| Tax Withholding | Common Stock | 262 | $231.63 | $61K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Dover common stock. The restricted stock units will vest in three annual installments beginning on March 15, 2027. Number of shares beneficially owned includes 2490 unvested restricted stock units, each of which represents a contingent right to receive one share of Dover common stock upon vesting. Represents settlement of performance shares representing a contingent right to receive shares of Dover common stock, based on Dover's relative total shareholder return for the three-year period ended December 31, 2025.