DOV.NYSEDover CORP

Form 4: Dover Corp VP & Treasurer James M. Moran Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


James M. Moran, VP & Treasurer of Dover Corp, reports the withholding of common stock shares for taxes upon the vesting of restricted stock units.

Summary

  • On March 14, 2025, James M. Moran, VP & Treasurer of Dover Corp, reported the disposition of common stock due to tax withholdings upon the vesting of restricted stock units.
  • A total of 82 shares were withheld to cover taxes: 25 shares from units granted on February 11, 2022, 29 shares from units granted on February 10, 2023, and 28 shares from units granted on February 8, 2024.
  • The price per share for the tax withholding was $179.61.
  • Following these transactions, Moran directly owns 6,050 shares of Dover Corp common stock and indirectly owns 872 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations on vested stock, so it doesn't significantly impact sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard practice regarding tax obligations upon vesting of stock awards.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they relate to tax withholdings on executive compensation.

Key Dates

DateDescription
February 11, 2022Date of grant for restricted stock units, some of which vested on March 14, 2025.
February 10, 2023Date of grant for restricted stock units, some of which vested on March 14, 2025.
February 8, 2024Date of grant for restricted stock units, some of which vested on March 14, 2025.
March 14, 2025Date of transaction: Shares withheld for taxes upon vesting of restricted stock units.
March 18, 2025Date of Form 4 signature.

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