Form 4: DuPont Executive Weaver Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Leland Weaver, President of Water & Protection at DuPont, disposed of 639 shares of common stock on February 23, 2024, to cover tax obligations related to lapsed RSUs.
Summary
- On February 23, 2024, Leland Weaver, President of Water & Protection at DuPont de Nemours, Inc., reported a transaction involving the disposal of 639 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, Weaver directly owns 44,438.6689 shares of DuPont common stock and indirectly owns 750.3775 shares through a Retirement Savings Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive stock transactions and is common for publicly traded companies. It reflects standard practice for managing tax obligations related to equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock disposal transaction |
| 02/27/2024 | Date of signature on the Form 4 filing |
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