Form 4: DuPont Senior Vice President Raia Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Christopher Raia, Senior Vice President & CHRO of DuPont de Nemours, Inc., disposed of 359 shares of common stock on February 23, 2024, to cover tax obligations related to lapsed RSUs.
Summary
- On February 23, 2024, Christopher Raia, a Senior Vice President & CHRO at DuPont de Nemours, Inc. (DD), disposed of 359 shares of common stock.
- The transaction was executed at a price of $70.24 per share.
- This disposal was to cover taxes withheld on lapsed Restricted Stock Units (RSUs) and associated dividend equivalent units.
- Following the transaction, Raia directly owns 39,227.2829 shares of DuPont common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Christopher Raia, transact in their company's stock. These filings provide transparency into insider activity and can be monitored by investors for insights into management's perspective on the company's value.
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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