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DOW INC. Director's Dealing 2024

Feb 21, 2024

30381_dirs_2024-02-20_598193a8-bad5-4299-bfdb-4f3e571d72f7.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: 2024-02-15

Reporting Person: Gregorio Mauro (President, Perf Mat & Coatings)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-15 Common Stock A 5450 Acquired 15549 Direct
2024-02-16 Common Stock M 19133 $50.07 Acquired 34682 Direct
2024-02-16 Common Stock D 17792 $55.61 Disposed 16890 Direct
2024-02-16 Common Stock M 8800 $46.60 Acquired 25690 Direct
2024-02-16 Common Stock D 7800 $55.63 Disposed 17890 Direct
2024-02-16 Common Stock G 2341 Disposed 15549 Direct
2024-02-16 Common Stock G 2341 Acquired 53679 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-02-15 Non-Qualified Stock Option (Right to Buy) $55.17 A 36600 Acquired 2034-02-15 Common Stock (36600) Direct
2024-02-16 Non-Qualified Stock Option (Right to Buy) $50.07 M 19133 Disposed 2025-02-13 Common Stock (19133) Direct
2024-02-16 Non-Qualified Stock Option (Right to Buy) $46.60 M 8800 Disposed 2026-02-12 Common Stock (8800) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 451.951 Indirect
Common Stock 420.182 Indirect

Footnotes

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.