Paulson Ryan 4

What Happened

• Ryan Paulson, VP & Controller of Dover Corp (DOV), received equity awards on Feb 13, 2026 and had 227 shares disposed the same day to satisfy tax withholding.
• Grants: 259 shares, 679 shares, and a 2,303-share award (the 2,303 is reported as a derivative award) — total new awards = 3,241 shares (zero cash paid).
• Sale/tax withholding: 227 shares were surrendered/disposed at $231.63 per share, generating proceeds of $52,580 (used to cover tax obligations). These were not an open‑market sale for investment purposes.

Key Details

• Transaction date: 2026-02-13; Form filed: 2026-02-18 (filed within required business-day window).
• Prices and values: Awards reported at $0.00 per share (typical for restricted stock units/awards); tax withholding disposal at $231.63/share = $52,580.
• Shares owned after transaction: Filing notes include 915 unvested restricted stock units as part of beneficial ownership.
• Footnotes:
  • F1: The restricted stock units (RSUs) vest in three annual installments beginning March 15, 2027.
  • F3: One component represents settlement of performance shares tied to Dover’s relative total shareholder return for the three‑year period ended Dec 31, 2025.
  • F2: Beneficial ownership totals reported include 915 unvested RSUs.
• Transaction codes: A = award/grant, F = payment for tax withholding. The disposed shares were to satisfy tax withholding, not a discretionary sale.

Context

• These transactions are primarily award grants (not purchases), which are routine compensation for executives. The small share disposition was a standard tax-withholding action after award settlement/vesting and does not necessarily signal a change in insider sentiment.
• The 2,303-share entry labeled “derivative” reflects contingent rights (performance-based or similar awards) rather than immediate share purchases.