Form 4: DuPont SVP & CIO Steven P. Larrabee Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
02/20/2025Acquisition of 6,111 shares and disposal of 1,890 shares of common stock.
02/21/2025Acquisition of 10,411 shares of common stock.
02/24/2025Date of signature by Power of Attorney.

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