Form 4: Dow Inc. Executive Philo Brendy Lange Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Philo Brendy Lange, President of Performance Materials & Coatings at Dow Inc., reported the disposal of 334 shares of common stock to cover tax withholding obligations on February 10, 2025.
Summary
- On February 10, 2025, Philo Brendy Lange, President of Performance Materials & Coatings at Dow Inc., disposed of 334 shares of Dow Inc. common stock.
- The transaction was executed at a price of $38.57 per share.
- The disposal was to satisfy tax withholding requirements related to the settlement of previously reported awards.
- Following the transaction, Lange directly owns 3,094 shares of Dow Inc. common stock and indirectly owns 388.026 shares through a 401k plan.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction. |
| 02/12/2025 | Date of signature on the Form 4 filing. |
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