Form 4: Dow Inc. Executive Keith Cleason Reports Stock Sale to Cover Tax Obligations
SEC Filing
Keith Cleason, President of Packaging & Specialty Plastics at Dow Inc., sold 602 shares of common stock on February 24, 2025, to cover withholding tax obligations.
Summary
- On February 24, 2025, Keith Cleason, President of Packaging & Specialty Plastics at Dow Inc., disposed of 602 shares of Dow's common stock.
- The sale was executed at a price of $39.05 per share.
- This transaction was to satisfy withholding tax obligations related to an award agreement.
- Following the transaction, Cleason directly owns 48,638 shares of Dow common stock.
- Cleason also indirectly owns shares through a 401(k) plan, an ESOP, and a spouse's 401(k) plan ESOP.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock sale transaction. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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