Mauro Gregorio - 15 Feb 2024 Form 4 Insider Report for DOW INC. (DOW)

Signature
/s/ Mauro Gregorio
Issuer symbol
DOW
Transactions as of
15 Feb 2024
Net transactions value
-$55,258
Form type
4
Filing time
20 Feb 2024, 19:10:45 UTC
Previous filing
14 Feb 2024
Next filing
05 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DOW Common Stock Award $0 +5,450 +54% $0.000000 15,549 15 Feb 2024 Direct F1
transaction DOW Common Stock Options Exercise $957,989 +19,133 +123% $50.07 34,682 16 Feb 2024 Direct
transaction DOW Common Stock Disposed to Issuer $989,413 -17,792 -51% $55.61 16,890 16 Feb 2024 Direct F2, F3
transaction DOW Common Stock Options Exercise $410,080 +8,800 +52% $46.60 25,690 16 Feb 2024 Direct
transaction DOW Common Stock Disposed to Issuer $433,914 -7,800 -30% $55.63 17,890 16 Feb 2024 Direct F2, F4
transaction DOW Common Stock Gift $0 -2,341 -13% $0.000000 15,549 16 Feb 2024 Direct F5
transaction DOW Common Stock Gift $0 +2,341 +4.6% $0.000000 53,679 16 Feb 2024 By Trust
holding DOW Common Stock 452 15 Feb 2024 By 401(k) Plan
holding DOW Common Stock 420 15 Feb 2024 By 401(k) Plan ESOP

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
transaction DOW Non-Qualified Stock Option (Right to Buy) Award $0 +36,600 $0.000000 36,600 15 Feb 2024 Common Stock 36,600 $55.17 Direct F6
transaction DOW Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -19,133 -100% $0.000000* 0 16 Feb 2024 Common Stock 19,133 $50.07 Direct F7
transaction DOW Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -8,800 -41% $0.000000 12,505 16 Feb 2024 Common Stock 8,800 $46.60 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units to be delivered in one installment on or about February 15, 2027, subject to continued employment.
F2 Shares used to satisfy the exercise price and tax withholding of the Reporting Person upon exercise of options as required by the award agreement and exempt under Rule 16b-3.
F3 The price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.560 to $55.601. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 The price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $55.605 to $55.631. Reporting Person agrees to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Total includes previously reported restricted stock units.
F6 This option will vest in three equal installments beginning on February 15, 2025. Option shares will be used to satisfy withholding taxes.
F7 This option is fully vested and exercisable.