Form 4: DuPont Executive Jon D. Kemp Reports Changes in Beneficial Ownership

Jon D. Kemp, President of Electronics & Industrial at DuPont de Nemours, Inc., reports a transaction involving common stock due to taxes withheld on lapsed RSUs and associated dividend equivalent units.

Summary

• On September 1, 2024, Jon D. Kemp, President of Electronics & Industrial at DuPont de Nemours, Inc., had taxes withheld on lapsed Restricted Stock Units (RSUs) and associated dividend equivalent units.
• This resulted in the disposal of 12,744 shares of common stock at a price of $83.92.
• Following the transaction, Kemp beneficially owns 89,710.2758 shares of DuPont common stock, which includes shares acquired through dividend reinvestment.
• The reporting of this transaction was delayed due to an inadvertent administrative error.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing relates to a routine tax-related transaction. The administrative error is a minor negative.

Negatives

• The transaction report was filed late due to an inadvertent administrative error.

Risks

• Administrative errors in reporting transactions can lead to compliance issues and potential penalties.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices. This filing indicates a standard tax-related transaction rather than a strategic shift in Kemp's investment in DuPont.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates