Form 4: DOW SVP/CTO Sells Shares for Tax Obligations

DOW Inc.'s Senior Vice President and CTO, Attiganal N. Sreeram, reported the disposition of 407 shares of common stock to cover tax withholding obligations.

Summary

• Attiganal N. Sreeram, Senior Vice President and CTO of DOW Inc., reported a transaction on November 28, 2025.
• The transaction involved the disposition of 407 shares of DOW common stock at a price of $23.85 per share.
• These shares were withheld by DOW Inc. to satisfy tax withholding obligations related to an award agreement, which is exempt under Rule 16b-3.
• Following this transaction, Mr. Sreeram beneficially owns 129,791 shares directly (including previously reported restricted stock units), 41,296 shares indirectly through a Trust, 2,613.755 shares indirectly through a 401(k) Plan, and 1,312.067 shares indirectly through a 401(k) Plan ESOP.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes and does not reflect a positive or negative sentiment towards the company's prospects or operational performance.

Positives

• The transaction is a routine, non-discretionary disposition of shares for tax withholding purposes, which is a common practice for executives receiving equity compensation.
• The share withholding was implemented pursuant to an award agreement and is exempt under Rule 16b-3, indicating compliance with regulatory frameworks.

Negatives

• The disposition of 407 shares slightly reduces the direct beneficial ownership of the Senior Vice President and CTO, though this is a standard tax-related event and a very small fraction of total holdings.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or insider confidence.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by a Senior Vice President and CTO to cover tax withholding obligations. Such transactions are common for executives receiving equity compensation and do not typically signal a change in the company's fundamentals or the insider's confidence. Therefore, it provides no new information to alter an existing investment thesis, warranting a 'hold' recommendation based solely on this filing.

Keywords

DOW Inc., DOW, Form 4, Insider Trading, Executive Compensation, Tax Withholding, Common Stock, SEC Filing, Attiganal N. Sreeram