Lange Philo Brendy 4

What Happened Lange Philo Brendy, President of Performance Materials & Coatings at DOW INC. (DOW), received equity awards on February 12, 2026 totaling 66,352 shares: 1,972 shares (RSUs), 10,000 shares (RSUs), and 54,380 derivative awards (performance share units). All awards were reported at $0.00 per share (no cash purchase); these are grants/awards rather than open‑market purchases or sales.

Key Details

• Transaction date: February 12, 2026; SEC filing date: February 17, 2026 (Accession 0001751788-26-000071). Reported price per share: $0.00.
• Total shares awarded: 66,352 (1,972 + 10,000 + 54,380).
• Shares owned after the transaction: not specified in the provided filing details.
• Relevant footnotes from the filing:
  • F1: Performance share units (PSUs) were determined after certification of performance metrics and will be settled in one installment on or about Feb 26, 2026, subject to continued employment.
  • F2: Restricted stock units (RSUs) to be delivered in one installment on or about Feb 12, 2029, subject to continued employment.
  • F3: Total includes previously reported RSUs.
  • F4: (Related to options) one option will vest in three equal annual installments beginning Feb 12, 2027; option shares will be used to satisfy withholding taxes.
• Transaction type: Award/Grant (SEC code A). No open‑market purchase or sale reported.

Context

• These awards include PSUs (performance‑based) and RSUs (time‑based). PSUs depend on future performance metrics and typically settle later; RSUs vest/deliver on a set future date and may be forfeited if employment ends before vesting.
• Because these were grants (not purchases or sales), they don't signal an immediate insider cash investment or divestment. They reflect compensation and long‑term incentive alignment rather than short‑term trading.