Lange Philo Brendy 4

What Happened
Lange Philo Brendy, President, Performance Materials & Coatings at DOW, recorded a disposition to the issuer of 621 shares on 2026-02-26 at $29.90 per share, a total value of $18,568. The filing indicates these shares were withheld by the issuer to satisfy tax withholding upon settlement of previously reported awards (i.e., not an open-market sale).

Key Details

• Transaction date and price: 2026-02-26 — disposition to issuer of 621 shares at $29.90 each. Total = $18,568.
• Transaction type: Disposition to issuer (withholding to cover taxes on vested awards); noted as exempt under Rule 16b-3 (footnote F1).
• Footnotes: F1 — shares withheld by issuer to satisfy tax withholding on previously reported awards; F2 — total includes previously reported restricted stock units.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing: Report filed 2026-03-02 for a 2026-02-26 transaction. Form 4 is normally due within two business days of the transaction, so this filing appears to have been made after that typical window.

Context
A disposition-to-issuer for tax withholding is a routine administrative action when restricted stock units or similar awards vest; it is not the same as an open-market sale that might signal a view on the stock. The Rule 16b-3 exemption noted in the filing covers certain insider transactions related to company awards and helps avoid short-swing profit liability.