Dover CEO Richard J. Tobin sells 86,440 shares
The transactions include stock appreciation right exercises, shares returned to the issuer, payment-related share delivery or withholding, and common-stock sales.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Dover Corporation Chairman, President & CEO Richard J. Tobin exercised stock appreciation rights on October 30, 2026, acquiring 184,211 and 118,657 common shares at exercise prices of $91.20 and $119.86. He returned 79,974 and 67,703 shares to the issuer at $210.07; 46,178 and 22,573 shares were delivered or withheld for payment of exercise price or tax liability.
On November 2, Tobin sold 86,440 shares across four transactions at weighted-average prices of $213.8651, $214.5967, $215.4244 and $216.0730. Reported holdings also included 77,000 shares by a trust and 613 shares in a 401(k) Plan.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
12 txns
Insider
Tobin Richard J
Role
Chairman, President & CEO
Sold
86,440 shs ($18.57M)
Approx. gross sale proceeds
$18.57M
Approx. exercise cost
$31.02M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 4,100 | $213.8651 | $877K |
| Sale | Common Stock F2 | 51,449 | $214.5967 | $11.04M |
| Sale | Common Stock F3 | 30,586 | $215.4244 | $6.59M |
| Sale | Common Stock F4 | 305 | $216.073 | $66K |
| Exercise | Stock appreciation right (right to acquire) | 184,211 | $0.00 | $0.00 |
| Exercise | Stock appreciation right (right to acquire) | 118,657 | $0.00 | $0.00 |
| Exercise | Common Stock | 184,211 | $91.20 | $16.80M |
| Disposition | Common Stock | 79,974 | $210.07 | $16.80M |
| Exercise Price or Tax Liability | Common Stock | 46,178 | $210.07 | $9.70M |
| Exercise | Common Stock | 118,657 | $119.86 | $14.22M |
| Disposition | Common Stock | 67,703 | $210.07 | $14.22M |
| Exercise Price or Tax Liability | Common Stock | 22,573 | $210.07 | $4.74M |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock appreciation right (right to acquire) — 0 contracts (Direct);
Common Stock — 212,855 shares (Direct);
Common Stock — 77,000 shares (Indirect, By Trust);
Common Stock — 613 shares (Indirect, 401(k) Plan)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $213.545 to $213.980 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $214.00 to $214.995 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $215.000 to $215.965 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $216.045 to $216.150 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.
Key Figures
Shares sold; weighted-average price: 4,100 shares; $213.8651 per share
Shares sold; weighted-average price: 51,449 shares; $214.5967 per share
Shares sold; weighted-average price: 30,586 shares; $215.4244 per share
+3 more
6 metrics
Shares sold; weighted-average price
4,100 shares; $213.8651 per share
November 2, 2026
Shares sold; weighted-average price
51,449 shares; $214.5967 per share
November 2, 2026
Shares sold; weighted-average price
30,586 shares; $215.4244 per share
November 2, 2026
Shares sold; weighted-average price
305 shares; $216.0730 per share
November 2, 2026
Stock appreciation rights exercised; exercise price
184,211 shares; $91.20 per share
October 30, 2026
Stock appreciation rights exercised; exercise price
118,657 shares; $119.86 per share
October 30, 2026
Key Terms
Stock appreciation right (right to acquire), weighted average price, Rule 10b5-1 plan, 401(k) Plan
4 terms
Stock appreciation right (right to acquire) financial
"Stock appreciation right (right to acquire)"
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
401(k) Plan financial
"613 shares in a 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What DOV stock appreciation rights did Richard J. Tobin exercise?
On October 30, 2026, Tobin exercised stock appreciation rights covering 184,211 common shares at $91.20 and 118,657 common shares at $119.86. The transaction records report acquisition of common shares in those respective amounts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
