Form 4: DuPont Director Edward D. Breen Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Edward D. Breen reports changes in beneficial ownership of DuPont de Nemours, Inc. stock due to annuity payments and funding of a new GRAT.
Summary
- On August 21, 2024, Edward D. Breen, a director of DuPont de Nemours, Inc., reported changes in his beneficial ownership of the company's common stock.
- These changes include annuity payments back to Mr. Breen from various Grantor Retained Annuity Trusts (GRATs) and the funding of a new GRAT.
- Specifically, 77,750 shares were received as annuity payments from the 2021 GRAT 19, 2021 GRAT 20, 2022 GRAT 15, and 2023 GRAT 12.
- Additionally, 231,654 shares were used to fund a new GRAT 2024-9.
- Following these transactions, Mr. Breen directly owns 292,791.9892 shares of DuPont common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they primarily reflect internal transfers for estate planning purposes.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of transaction involving common stock. |
| 08/23/2024 | Date of signature by Power of Attorney. |
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