Form 4: DuPont SVP & CIO Steven P. Larrabee Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Steven P. Larrabee, SVP & CIO of DuPont, reports acquisition and disposal of common stock and holdings in retirement savings plan.
Summary
- On February 20, 2025, Steven P. Larrabee acquired 6,111 shares of DuPont common stock at $0 and disposed of 1,890 shares at $82.46 to cover taxes.
- Following these transactions, Larrabee directly owns 39,083.7011 shares of common stock.
- On February 21, 2025, Larrabee acquired 10,411 shares of common stock at $0.
- Larrabee also indirectly owns 146.4347 shares through a Retirement Savings Plan, bringing the total to 49,494.7011 shares.
- The transactions involved the settlement of performance units and associated dividend equivalents in common stock, as well as tax withholdings on these units.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an executive. The acquisitions are slightly positive, but the tax-related disposal balances it out.
Positives
- The acquisition of shares indicates confidence in the company's future performance.
Negatives
- The disposal of shares to cover taxes may be seen as a minor negative, although it's a common practice.
Risks
- There are no specific risks mentioned in this document.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, but are unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Acquisition of 6,111 shares and disposal of 1,890 shares of common stock. |
| 02/21/2025 | Acquisition of 10,411 shares of common stock. |
| 02/24/2025 | Date of signature by Power of Attorney. |
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