DOW INC. — Director's Dealing 2021

Feb 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2021-02-11

Reporting Person: Edmonds Ronald C (Controller and Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Common Stock	A	3130	—	Acquired	42979	Direct
2021-02-12	Common Stock	G	33000	—	Disposed	9979	Direct
2021-02-12	Common Stock	G	33000	—	Acquired	33033	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-11	Non-Qualified Stock Option (Right to Buy)	$57.67	A	23150	Acquired	2031-02-11	Common Stock (23150.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1604.0226	Indirect
Common Stock	2149.7409	Indirect
Common Stock	30	Indirect

Footnotes

F1: Restricted stock units to be delivered in one installment on or about February 11, 2024, subject to continued employment.

F2: Includes 33 shares previously reported as indirect beneficial ownership, "By Spouse".

F3: This option will vest in three equal installments beginning on February 11, 2022. Option shares will be used to satisfy withholding taxes.