Hoover Erik T. 4
Research Summary
AI-generated summary
DuPont (DD) SVP & General Counsel Erik Hoover Withholds 1,076 Shares for Taxes
What Happened
- Erik T. Hoover, SVP & General Counsel of DuPont de Nemours (DD), had 1,076 shares withheld/disposed to satisfy tax withholding related to vested restricted stock units (RSUs). The withholding was recorded at $49.60 per share, for a total value of $53,366 (transaction reported on 2026-02-18 for a 2026-02-15 event).
- This was a tax-withholding disposition (Form 4 code F) tied to RSU vesting—not an open-market sale or a purchase—so it is typically a routine administrative action rather than a directional investment signal.
Key Details
- Transaction date: 2026-02-15; Form 4 filed: 2026-02-18
- Shares withheld/disposed: 1,076 at $49.60 per share = $53,366
- Transaction code: F (tax withholding on lapsed RSUs)
- Footnote: F1 — Taxes withheld on lapsed RSUs and associated dividend equivalent units
- Shares owned after transaction: not specified in the provided filing
Context
- Withholding shares to cover taxes on vested RSUs is a common, administrative event. It reduces the insider’s share count for tax purposes and does not necessarily indicate selling for investment reasons.
- For retail investors, purchases or open-market sales by insiders tend to be more informative about sentiment; tax-related withholdings are routine and should be interpreted accordingly.