Moreno Mejia Luis Alberto 4

What Happened

• Luis Alberto Moreno Mejia, a director of Dow Inc. (DOW), was granted 5,127 shares (reported as an acquisition at $0.00) on April 9, 2026. The reported dollar value at grant is $0 because these are compensatory units (time‑vested restricted stock units and/or phantom stock units), not an open‑market purchase.

Key Details

• Transaction date: 2026-04-09; Price reported: $0.00; Shares/units acquired: 5,127.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes from the filing:
  • F1: Time‑vested restricted stock units will be settled in one installment of common shares following the reporting person’s separation.
  • F2: Total includes previously reported restricted stock units.
  • F3: Phantom stock units generally have no conversion price and are each equivalent to one share.
  • F4: Phantom units accrue under a deferral election and are payable in cash (lump sum or installments) and do not have an exercise/expiration date.
• Filing timeliness: Report filed 2026-04-13 for the 2026-04-09 transaction; filed within the Form 4 required timeframe (two business days).

Context

• This transaction is an award/grant (compensation) rather than a market purchase or sale. Time‑vested RSUs convert to actual shares only upon settlement conditions (here noted to occur after separation), while phantom units may be settled in cash per the holder’s deferral election. Such compensation awards are common for executives/directors and do not on their own indicate buying or selling sentiment.