Form 4: Dow Inc. Director Richard K. Davis Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Richard K. Davis reports acquisition and disposal of Dow Inc. common stock and vested restricted stock units.
Summary
- Richard K. Davis, a director of Dow Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
- On April 11, 2024, Davis acquired 3,336 shares of common stock.
- These shares were acquired at a price of $0.
- Following the transaction, Davis beneficially owns 37,001 shares of Dow Inc.
- The reported transactions also involve time-vested restricted stock units to be settled in one installment of shares of common stock of the Issuer following the date of separation of the Reporting Person.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of transaction: acquisition of common stock and vesting of restricted stock units. |
| 04/15/2024 | Date of signature on the Form 4 filing. |
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