Form 4: DuPont SVP & CIO Steven P. Larrabee Reports Stock Transaction
SEC Form 4 Filing
Steven P. Larrabee, SVP & CIO of DuPont de Nemours, Inc., reports a transaction involving common stock due to taxes withheld on lapsed RSUs.
Summary
- On February 23, 2024, Steven P. Larrabee, SVP & CIO of DuPont de Nemours, Inc., reported a transaction involving the company's common stock.
- The transaction involved the disposal of 244 shares of common stock at a price of $70.24 per share.
- This disposal was due to taxes withheld on lapsed Restricted Stock Units (RSUs) and associated dividend equivalent units.
- Following the transaction, Larrabee directly owns 39,147.3467 shares of DuPont common stock and indirectly owns 143.6493 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, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This transaction is related to tax obligations on vested equity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of transaction involving common stock. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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