Dover (DOV) SVP Cabrera trades stock and receives new equity awards
Rhea-AI Filing Summary
Dover Corp senior vice president and general counsel Ivonne M. Cabrera reported a mix of stock transactions. She sold 4,000 shares of common stock in an open-market sale at a weighted average price of $233.2279 per share.
On an earlier date, she received equity awards including 15,350 stock appreciation rights and common stock grants of 1,727 restricted stock units and 2,714 shares from performance share settlements. After these transactions, she directly holds 72,188 common shares, plus 2,132 shares held indirectly in a 401(k) plan and 4,972 unvested restricted stock units, along with the new stock appreciation rights.
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FAQ
What insider transactions did Dover (DOV) executive Ivonne Cabrera report?
Ivonne Cabrera reported both a sale and new equity awards. She sold 4,000 Dover common shares in an open-market transaction and received stock appreciation rights and restricted stock-based grants, including performance share settlements, increasing her overall equity-based compensation position.
How many Dover (DOV) shares did Ivonne Cabrera sell and at what price?
Cabrera sold 4,000 Dover common shares in an open-market sale at a weighted average price of $233.2279 per share. The filing notes these shares were sold in multiple trades within a narrow price range around that average.
What new equity awards did Ivonne Cabrera receive from Dover (DOV)?
She received 15,350 stock appreciation rights and common stock awards of 1,727 restricted stock units and 2,714 shares from performance share settlements. Each restricted stock unit and performance share represents a contingent right to receive one share of Dover common stock upon vesting or settlement.
What is Ivonne Cabrera’s Dover (DOV) share ownership after these transactions?
After these transactions, Cabrera directly holds 72,188 Dover common shares and indirectly holds 2,132 shares through a 401(k) plan. Her beneficial ownership also includes 4,972 unvested restricted stock units and the newly granted 15,350 stock appreciation rights.
How are the restricted stock units for Dover (DOV) executive Ivonne Cabrera scheduled to vest?
The restricted stock units granted to Cabrera will vest in three annual installments beginning on March 15, 2027. Each restricted stock unit represents a contingent right to receive one share of Dover common stock upon vesting, subject to the award terms.
What performance period applies to Ivonne Cabrera’s Dover (DOV) performance shares?
The performance shares that settled into common stock were tied to Dover’s relative total shareholder return over the three-year period ending December 31, 2025. Settlement reflects results over that specified performance window, as described in the award terms.