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DOW INC. Director's Dealing 2022

Nov 4, 2022

30381_dirs_2022-11-04_0292432f-8245-49d0-98c4-4d66ca68ffef.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2022-11-02

Reporting Person: Carter Karen S (Chief Human Resources Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-11-02 Common Stock A 74580 Acquired 107412 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 712.561 Indirect
Common Stock 314.317 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Phantom Stock Units $ Common Stock (4947.646) 4947.646 Direct

Footnotes

F1: Restricted stock units to be delivered in two equal installments on or about November 3, 2025 and November 3, 2027, subject to continued employment.

F2: Total includes 389 shares acquired under the Issuer's Employee Stock Purchase Plan on October 7, 2022 and 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.