Form 4: DuPont Executive Chair Edward D. Breen Transfers Shares to GRAT
SEC Form 4 Filing
Edward D. Breen, Executive Chair of DuPont de Nemours, Inc., reports a transaction involving the transfer of 146,593 shares of common stock to a Grantor Retained Annuity Trust (GRAT).
Summary
- On March 13, 2025, Edward D. Breen, the Executive Chair of DuPont de Nemours, Inc., transferred 146,593 shares of common stock to a new Grantor Retained Annuity Trust (GRAT 2025-3).
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Breen directly owns 161,538.0308 shares of DuPont common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common financial transaction. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
GRATs are a common estate planning tool used by executives to transfer assets while minimizing gift and estate taxes. The transfer itself doesn't necessarily reflect a change in the executive's view of the company's prospects.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it is primarily an estate planning activity for the executive.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of transaction: Transfer of shares to GRAT |
| 03/17/2025 | Date of signature on the report |
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