Karen S. Carter - 13 Feb 2023 Form 4 Insider Report for DOW INC. (DOW)

Role: President, Pkg & Spec Plastics
Signature: /s/ Karen S. Carter
Issuer symbol: DOW
Transactions as of: 13 Feb 2023
Net transactions value: -$93,737
Form type: 4
Filing time: 15 Feb 2023, 18:36:40 UTC
Previous filing: 13 Feb 2023
Next filing: 14 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOW	Common Stock	Disposed to Issuer	$93,737	-1,554	-1.4%	$60.32	111,758	13 Feb 2023	Direct	F1, F2
holding	DOW	Common Stock						314	13 Feb 2023	By 401(k) Plan ESOP
holding	DOW	Common Stock						738	13 Feb 2023	By 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	DOW	Phantom Stock Units						5,124	13 Feb 2023	Common Stock	5,124		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares used to satisfy tax withholding of the Reporting Person upon settlement of previously reported awards as required by the award agreement and exempt under Rule 16b-3.
F2	Total includes previously reported restricted stock units.
F3	There is generally no conversion price for these phantom stock units. Each phantom stock unit is the equivalent of one share of common stock of the Issuer.
F4	Phantom stock units accrue under a compensation deferral election. Phantom stock units are payable in cash in lump sum or installments at the election of the Reporting Person, and do not carry an exercisable date or expiration date.