DOW INC. — Director's Dealing 2022

Feb 15, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2022-02-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-10	Common Stock	A	2960	—	Acquired	21330	Direct
2022-02-11	Common Stock	D	698	$61.09	Disposed	20632	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-10	Non-Qualified Stock Option (Right to Buy)	$60.95	A	21670	Acquired	2032-02-10	Common Stock (21670.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30	Indirect
Common Stock	45.436	Indirect
Common Stock	33000	Indirect
Common Stock	1778.9661	Indirect
Common Stock	2333.0277	Indirect

Footnotes

F1: Restricted stock units to be delivered in one installment on or about February 10, 2025, subject to continued employment.

F2: 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.

F3: Amount of securities includes 33 shares previously reported as indirect beneficial ownership by spouse trust and 12.436 shares acquired through a dividend reinvestment arrangement that were not required to be reported under Rule 16a-11 and were inadvertently omitted from the Reporting Person's previous holdings.

F4: This option will vest in three equal installments beginning on February 10, 2023. Option shares will be used to satisfy withholding taxes.