Yehle Jeffrey 4
Research Summary
AI-generated summary
Dover (DOV) Senior VP Jeffrey Yehle Receives Stock Award
What Happened
- Jeffrey Yehle, Senior Vice President & Chief Human Resources Officer of Dover Corp (DOV), received equity awards on February 13, 2026: 648 shares (award) and 5,756 derivative shares (restricted stock units) — a total of 6,404 RSUs — each acquired at $0.00 (non-cash compensation).
- These awards are restricted stock units (RSUs). The RSUs represent a contingent right to receive one share of Dover common stock upon vesting; total dollar purchase value is $0 at grant.
Key Details
- Transaction date: 2026-02-13; Filing date (Form 4): 2026-02-18 (filed timely under the two-business-day rule).
- Grants: 648 RSUs (awarded) and 5,756 RSUs (derivative), both at $0.00 per unit; combined = 6,404 RSUs.
- Vesting: RSUs will vest in three annual installments beginning March 15, 2027 (per footnote).
- Beneficial ownership note (footnote): the reported shares beneficially owned include 2,463 unvested RSUs (pre-existing or as reported).
- Transaction type codes: A = Award/Grant; derivative grant explained as contingent right to receive shares upon vesting.
- No sale or purchase of shares occurred — this is compensation, not an open-market trade.
Context
- RSU grants are a form of executive compensation and do not represent an immediate cash investment or sale; they vest over time and convert to shares when vesting conditions are met. For retail investors, awards provide insight into executive compensation but are not the same signal as an insider buy or sell.