DuPont (DD) Director Edward Breen Receives and Gifts Shares

What Happened

• Edward D. Breen, a director of DuPont de Nemours, Inc. (DD), had two gift transactions reported on a Form 4 filed 2026-08-19. On 2025-08-25 he acquired 53,000 shares as a gift (price $0.00, total value $0). On 2026-08-17 he disposed/gifted 34,485 shares (price $0.00, total value $0). These were transfers (gifts), not open-market purchases or sales for cash.

Key Details

• Transaction dates and terms:
  • 2025-08-25 — Gift (acquired) 53,000 shares @ $0.00 (F1/F3 noted)
  • 2026-08-17 — Gift (disposed) 34,485 shares @ $0.00 (F2 noted)
• Filing date: 2026-08-19. The filing indicates the earlier transaction(s) were reported late due to an inadvertent administrative error (see footnote F1).
• Footnotes from the filing:
  • F1: The acquired shares represent annuity payments back to Mr. Breen from prior GRATs (2023 GRAT 12 and 2024 GRAT 9); the transaction(s) were reported late and share counts were adjusted for the June 1, 2026 reverse stock split.
  • F2: The 2026 transfer represents funding of a new GRAT (2026-3).
  • F3: Some shares include acquisition via dividend reinvestment.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Timeliness: The Form 4 flags the reporting as late (administrative error).

Context

• Gifts generally reflect estate planning or family transfers and do not necessarily indicate the director’s view of the company’s near-term prospects. Funding or transfers to/from GRATs (grantor retained annuity trusts) are common estate-planning moves.
• The filing notes a June 1, 2026 reverse split; share counts in the filing have been adjusted accordingly. Dividend reinvestment can also increment holdings over time.