Form 4: DuPont SVP & General Counsel Erik T. Hoover Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Erik T. Hoover, SVP & General Counsel of DuPont de Nemours, Inc., reports a transaction involving common stock on May 4, 2024, resulting in an adjusted beneficial ownership.

Summary

  • On May 4, 2024, Erik T. Hoover, the SVP & General Counsel of DuPont de Nemours, Inc., engaged in a transaction involving the company's common stock.
  • The transaction involved the disposal of 1,465 shares to cover taxes withheld on lapsed Restricted Stock Units (RSUs) and associated dividend equivalent units at a price of $77.76 per share.
  • Following the reported transaction, Hoover's beneficial ownership of DuPont common stock is 59,669.5962 shares, which includes shares acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction. It doesn't indicate any significant positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It reflects standard compensation practices involving RSUs and dividend reinvestment.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

DateDescription
05/04/2024Date of transaction involving common stock.
05/07/2024Date of signature by Power of Attorney.

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