Form 4: DuPont Executive Jon D. Kemp Reports Stock Disposal for Tax Obligations

Jon D. Kemp, President of Electronics & Industrial at DuPont de Nemours, Inc., disposed of 719 shares of common stock on February 23, 2024, to cover tax obligations related to lapsed RSUs.

Summary

• On February 23, 2024, Jon D. Kemp, President of Electronics & Industrial at DuPont de Nemours, Inc., reported a transaction involving the disposal of 719 shares of common stock.
• The transaction was executed to cover taxes withheld on lapsed Restricted Stock Units (RSUs) and associated dividend equivalent units.
• The shares were disposed of at a price of $70.24 per share.
• Following the transaction, Kemp directly owns 109,555.4679 shares of DuPont common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't indicate any positive or negative sentiment towards the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction related to tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive to cover tax obligations.

Key Dates