DOW INC. — Director's Dealing 2026

Feb 17, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DOW INC. (DOW)
CIK: 0001751788
Period of Report: 2026-02-12

Reporting Person: Fitterling James R (Director, Chair and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-12	Common Stock	A	60732	—	Acquired	182619	Direct
2026-02-12	Common Stock	A	68230	—	Acquired	250849	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-12	Non-Qualified Stock Option (Right to Buy)	$32.65	A	371250	Acquired	2036-02-12	Common Stock (371250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	281559	Indirect
Common Stock	3996.57	Indirect
Common Stock	2357.329	Indirect

Footnotes

F1: Performance share units not previously reportable were determined after certification of the applicable performance metrics. Performance share units will be settled in one installment on or about February 26, 2026, subject to continued employment.

F2: Restricted stock units to be delivered in one installment on or about February 12, 2029, subject to continued employment.

F3: Total includes previously reported restricted stock units.

F4: This option will vest in three equal annual installments beginning on February 12, 2027. Option shares will be used to satisfy withholding taxes.