Donaldson (DCI) CEO Tod Carpenter Exercises Options, Sells 3,032 Shares

What Happened

• Tod E. Carpenter, Chairman, President & CEO (also a director) of Donaldson Co. (DCI), exercised stock options to acquire 3,032 shares and immediately sold those 3,032 shares in an open-market transaction on August 31, 2026.
• Exercise details: 3,032 shares exercised at $42.72 per share, exercise cost = $129,527. Open-market sale: 3,032 shares sold at $91.00 per share, gross proceeds = $275,912. Net proceeds before fees and taxes ≈ $146,385.
• The filing also lists a derivative disposition at $0.00 for 3,032 shares (see Key Details). This package of entries reflects an option exercise and concurrent sale (a cashless exercise/sale transaction), a common way to cover exercise costs and taxes.

Key Details

• Transaction dates: August 31, 2026 (reported on Form 4 filed September 1, 2026).
• Exercise price: $42.72; Sale price: $91.00.
• Shares involved: 3,032 shares exercised and 3,032 shares sold.
• Dollar amounts: acquisition cost $129,527; sale proceeds $275,912; approximate pre-tax profit $146,385.
• Shares owned after transaction: not disclosed in the provided excerpt of the Form 4.
• Footnotes: F1 — Fully vested (options were vested at exercise).
• Filing timeliness: Form 4 dated 2026-09-01 for an 08-31 transaction — appears to be a timely filing (filed the next business day).

Context

• This appears to be an option exercise with an immediate sale (cashless exercise), which executives commonly use to cover the exercise price and tax withholding. Such sales are routine and do not necessarily signal a change in the executive’s view of the company.
• For retail investors: purchases are typically more informative as bullish signals; option exercises followed by sales primarily realize gains and cover obligations. This filing documents a monetization of vested options rather than a new investment.