Cleason Keith 4
Research Summary
AI-generated summary
DOW President Cleason Keith Sells 686 Shares
What Happened
- Cleason Keith, President, Pkg & Spec Plastics at Dow Inc., had 686 shares disposed to the issuer (withheld) on 2026-02-26 at $29.90 per share, totaling $20,511. This was a disposition to satisfy tax withholding upon settlement of previously reported awards rather than an open-market sale.
Key Details
- Transaction date and price: 2026-02-26 — 686 shares @ $29.90 each.
- Total value: $20,511.
- Transaction type: Disposition to issuer (tax withholding) — exempt under Rule 16b-3 (see footnote F1).
- Footnotes: F1 — shares withheld by issuer to satisfy tax withholding upon settlement of previously reported awards; F2 — totals include previously reported restricted stock units.
- Filing timeliness: Form 4 filed 2026-03-02; filing appears to be timely (within the SEC two-business-day window).
Context
- A disposition to the issuer for tax withholding is a routine administrative step when restricted stock units vest; it is not an open-market sale and generally does not signal a change in the insider’s view of the company. The filing simply documents that shares were used to cover tax obligations on vested awards.