Dow (DOW) officer has 282 shares withheld to cover equity award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOW INC. officer Andrea L. Dominowski reported a disposition of company stock tied to tax withholding on equity awards. On the reported date, 282 shares of common stock were transferred back to the issuer at $29.90 per share to satisfy required tax obligations under a previously granted award agreement, as noted in the footnotes.
After this transaction, Dominowski directly held 24,150.467 shares of Dow common stock. She also indirectly held 2,062.628 shares through a 401(k) plan and 102.047 shares through a 401(k) plan ESOP. The footnotes state that the total direct holdings include previously reported restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dominowski Andrea L
Role
Controller and Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 282 | $29.90 | $8K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 24,150.467 shares (Direct);
Common Stock — 2,062.628 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Shares withheld by Issuer to satisfy tax withholding of the Reporting Person upon settlement of previously reported awards as required by the award agreement and exempt under Rule 16b-3. Total includes previously reported restricted stock units.
FAQ
What insider transaction did DOW (DOW) officer Andrea Dominowski report?
Andrea L. Dominowski reported a disposition of 282 Dow common shares back to the company. The shares were withheld by the issuer to cover tax obligations on previously granted equity awards under the award agreement, rather than sold on the open market.
What indirect DOW (DOW) holdings does Andrea Dominowski report through retirement plans?
Andrea Dominowski reports indirect ownership of 2,062.628 Dow shares through a 401(k) plan and 102.047 shares through a 401(k) plan ESOP. These plan-related positions are classified as indirect ownership, separate from her directly held Dow common stock reported in the same document.
Was the DOW (DOW) insider disposition a tax withholding rather than a market sale?
Yes. The filing’s footnote states the 282 Dow shares were withheld by the issuer to satisfy tax withholding upon settlement of previously reported awards. This indicates a disposition to the issuer for tax purposes, not an open-market sale initiated by the insider.