Form 4: DuPont CEO Edward Breen Reports Stock Disposal for Tax Obligations

Edward Breen, CEO of DuPont de Nemours, reports the disposal of 4,957 shares of common stock to cover tax obligations related to lapsed RSUs.

Summary

• On February 23, 2024, Edward D. Breen, the CEO of DuPont de Nemours, reported a transaction involving the disposal of 4,957 shares of common stock.
• The transaction was executed to cover taxes withheld on lapsed Restricted Stock Units (RSUs) and associated dividend equivalent units.
• The price per share was $70.24.
• Following the transaction, Breen directly owns 433,055.6933 shares of DuPont common stock.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock transaction related to tax obligations, and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations is a common practice among executives who receive equity compensation.

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