Franzen Antonella B 4
Research Summary
AI-generated summary
DuPont (DD) CFO Antonella Franzen Sells 148 Shares (Tax Withholding)
What Happened
- Antonella B. Franzen, DuPont's Senior Vice President & Chief Financial Officer, had 148 shares disposed to satisfy tax withholding related to vested restricted stock units. The shares were recorded at $49.60 per share, generating $7,340 in proceeds. This was a withholding-to-cover tax event on vested RSUs and associated dividend equivalent units, not an open-market sale for investment purposes.
Key Details
- Transaction date: 2026-02-15
- Price per share: $49.60
- Shares disposed: 148; Total value: $7,340
- Filing date (Form 4): 2026-02-18
- Footnote: Taxes withheld on lapsed RSUs and associated dividend equivalent units (F1)
- Shares owned after transaction: not specified in the provided filing excerpt
- Nature of transaction: tax withholding (code F) — routine disposition to cover tax obligations, not necessarily a market-timing sale
Context
- Withholding-to-cover transactions occur when a portion of vested RSUs is surrendered to pay taxes; these are common and generally viewed as administrative rather than a signal about the insider’s view of the stock.