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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $233.2279 | $933K |
| Grant/Award | Stock Appreciation Right | 15,350 | $0.00 | -- |
| Grant/Award | Common Stock | 1,727 | $0.00 | -- |
| Grant/Award | Common Stock | 2,714 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,221 | $231.63 | $283K |
| 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 4972 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions as prices ranging from $233.21 to $233.35 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.
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.
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.
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.