WESLEY G. BUSH - 13 Apr 2023 Form 4 Insider Report for DOW INC. (DOW)

Role: Director
Signature: /s/ Wesley G. Bush
Issuer symbol: DOW
Transactions as of: 13 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 17 Apr 2023, 16:31:06 UTC
Previous filing: 17 Mar 2023
Next filing: 16 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOW	Common Stock	Award	$0	+3,339	+22%	$0.000000	18,191	13 Apr 2023	Direct	F1
holding	DOW	Common Stock						20,450	13 Apr 2023	By Family LLC
holding	DOW	Common Stock						5,000	13 Apr 2023	By Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	DOW	Phantom Stock Units						11,541	13 Apr 2023	Common Stock	11,541		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Time vested restricted stock units to be settled in one installment of shares of common stock of the Issuer following the date of separation of the Reporting Person.
F2	There is generally no conversion price for these phantom stock units. Each phantom stock unit is the equivalent of one share of common stock of the Issuer.
F3	Phantom stock units accrue under a compensation deferral election. Phantom stock units are payable in cash in lump sum or installments at the election of the Reporting Person, and do not carry an exercisable date or expiration date.