Dover Corp VP Reports Minor Tax Withholding Transaction
DOVER Corp
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Filing Summary
Dover Corp VP Reports Minor Tax Withholding Transaction
Company: DOVER Corp (DOV) Form: 4 | Filed: 2026/03/17 Significance: Low
Insider: Paulson Ryan Title: VP & Controller | Relationship: Officer
Transaction: • Type: Tax Withholding (Code F) • Shares: 99 • Price: $204.28 • Value: $20,223.72 • Owned After: 3,451
Key Insight: Routine transaction representing shares withheld to cover taxes on vesting RSUs. Not an open market sale.
Market Context: Transaction represents <0.0001% of market cap ($27.50B). Immaterial to stock price.
Comprehensive Analysis
SEC Filing Analysis: DOVER Corp (DOV)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Routine tax withholding transaction (Code F) related to RSU vesting; not an open market sale.
- Market Impact: Neutral - Transaction is immaterial relative to the company's $27.50B market capitalization.
Company Information
| Field | Value |
|---|---|
| Company | DOVER Corp |
| Ticker Symbol | DOV |
| CIK | 0000029905 |
| Industry | Industrial Machinery |
Insider Information
| Field | Value |
|---|---|
| Name | Paulson Ryan |
| CIK | 0001782599 |
| Title/Position | VP & Controller |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-03-13 |
| Transaction Code | F (Tax Withholding) |
| Security Type | Common Stock |
| Shares Involved | 99 |
| Price Per Share | $204.28 |
| Total Value | $20,223.72 |
| Shares Owned After | 3,451 (Direct) |
| Ownership Type | Direct & Indirect (401k) |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $20,223.72 |
| % of Market Cap | ~0.00007% |
| Shares Transacted | 99 |
| % of Shares Outstanding | ~0.00007% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With a market cap of $27.50 billion, a $20k transaction is mathematically negligible.
- Transaction Significance: The transaction code 'F' indicates shares were withheld by the company to pay taxes upon the vesting of restricted stock. This is a mandatory administrative action, not a discretionary trading decision based on market sentiment.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The volume is too low to impact the order book, and the nature of the trade (tax withholding) provides no signal regarding the insider's outlook on the company's future performance.
Volume & Sentiment
- Expected Volume Impact: None.
- Sentiment Indicator: Neutral. This does not indicate bearish sentiment despite being a disposition of shares.
Additional Context
Transaction Notes
- Multiple Lots: The filing reports three separate withholdings (32, 37, and 30 shares) corresponding to different grant dates (2023, 2024, and 2025), indicating a structured vesting schedule.
- Holdings: The insider retains 3,451 direct shares and 591 indirect shares via a 401(k) plan following this transaction.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.