Form 4: Dover Corp Executive Ivonne M. Cabrera Reports Stock Transactions
SEC Form 4 Filing
Ivonne M. Cabrera, SVP, General Counsel & Secretary of Dover Corp, reports the disposal of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 15, 2024, Ivonne M. Cabrera, SVP, General Counsel & Secretary of Dover Corp, reported transactions involving Dover Corp common stock.
- The transactions involved the disposal of shares to cover tax obligations related to the vesting of restricted stock units.
- A total of 183 shares were disposed of at a price of $175.065 related to restricted stock units granted on February 12, 2021.
- An additional 175 shares were disposed of at a price of $175.065 related to restricted stock units granted on February 11, 2022.
- Another 183 shares were disposed of at a price of $175.065 related to restricted stock units granted on February 10, 2023.
- Following these transactions, Cabrera directly owns 48,280 shares of Dover Corp common stock and indirectly owns 1,981 shares through a 401K plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and regulated to ensure transparency in the market. It doesn't necessarily indicate a change in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/12/2021 | Date of grant for restricted stock units related to tax withholding. |
| 02/11/2022 | Date of grant for restricted stock units related to tax withholding. |
| 02/10/2023 | Date of grant for restricted stock units related to tax withholding. |
| 03/15/2024 | Date of stock disposal for tax obligations. |
| 03/19/2024 | Date of Form 4 filing. |
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