DOW INC. Executive Discloses 11,042 Shares and Multi-Year Stock Options
Nestor de Mattos Cunha Neto, President of Intermediates and Infrastructure at DOW INC., has disclosed his initial ownership on Form 3. He holds directly 11,042.501 shares of common stock, including restricted stock units scheduled for delivery in 2027, 2028, and 2029 subject to continued employment.
De Mattos Cunha Neto also holds several non-qualified stock options over common stock with exercise prices between $32.65 and $72.77 per share and expirations from 2028 to 2036. Some of these options are fully exercisable, while others vest in tranches through 2029.
According to the disclosure, some option shares will be used to satisfy withholding taxes. The largest option block held by De Mattos Cunha Neto is for 16,810 shares with an exercise price of $32.65 per share expiring in 2036.