Form 4: DuPont SVP Erik Hoover Reports Stock Tax Withholding
Statement of Changes in Beneficial Ownership
SVP and General Counsel Erik T. Hoover reported the withholding of 1,525.6839 shares of DuPont common stock to satisfy tax obligations.
Summary
- Erik T. Hoover, SVP & General Counsel of DuPont de Nemours, Inc., executed a transaction involving the disposition of 1,525.6839 shares of common stock.
- The transaction occurred on May 4, 2026, at a price of $45.54 per share.
- The disposition was categorized as a tax withholding event related to the vesting of Restricted Stock Units (RSUs) and associated dividend equivalent units.
- Following this transaction, the reporting person maintains a beneficial ownership of 115,971.947 shares of DuPont common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine regulatory filing for tax compliance rather than a discretionary sale of stock.
Positives
- The transaction reflects the vesting of equity-based compensation, indicating ongoing alignment between executive interests and shareholder value.
Negatives
- The transaction represents a reduction in the direct shareholding of a key executive, albeit for tax compliance purposes.
Risks
- None identified; this is a routine administrative transaction related to tax obligations.
Future Outlook
Not applicable; this is a historical disclosure of a completed transaction.
Industry Context
StockSavvy.ai notes that tax withholding transactions are standard administrative procedures for corporate executives and do not typically signal a change in sentiment regarding the company's long-term prospects.
Comparison to Industry Standards
- The transaction is consistent with standard executive compensation practices in the chemical and materials sector, where RSU vesting is a common component of total compensation packages.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.
Key Dates
| Date | Description |
|---|---|
| 05/04/2026 | Date of the reported tax withholding transaction. |
| 05/06/2026 | Date the Form 4 was signed and filed. |
Keywords
DuPont, DD, Form 4, Insider Trading, Tax Withholding, Executive Compensation
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