DOW INC.: management transactions · United States · SEC (Form 4)

About DOW INC.

Dow Inc. (ticker: DOW) is a major U.S. materials science and chemicals company listed on the NYSE in the United States. For French-, Belgian- and Swiss-based investors, it should be viewed as a large-cap industrial materials platform with global reach and direct exposure to industrial cycles, energy inputs, and worldwide demand for intermediate goods. The company is headquartered in Midland, Michigan, a location that reflects its long-standing industrial heritage. The modern Dow Inc. entity was incorporated in 2018 as a holding company, but its roots go back to The Dow Chemical Company, founded in 1897. Dow operates through three core reporting segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. This structure gives the group exposure to a broad set of end markets, including packaging, automotive, construction, electronics, infrastructure, coatings, and other industrial applications. Its product portfolio includes polyethylenes, packaging materials, chemical intermediates, silicones, coatings solutions, and other performance materials designed to enhance durability, processing efficiency, and product performance for customers. In practical terms, Dow is not a narrow specialty supplier; it is a scale-driven, technically sophisticated provider of essential materials used across many industrial value chains. From a competitive standpoint, Dow is one of the global leaders in materials and chemicals, alongside other major international peers. Its competitive advantages are based on manufacturing scale, vertical and feedstock integration, access to key raw materials, and the ability to sell application-driven solutions rather than only commodity products. That positioning gives the company a meaningful presence across North America, Europe, Asia-Pacific, and other international markets, with a highly diversified customer base. Recent corporate developments remain important for the investment case. In 2025, Dow announced the shutdown of several upstream European assets as part of actions tied to structural challenges in the region, and it also continued broader rationalization of its global asset footprint. The company’s 2024 annual report also disclosed the sale of its flexible packaging laminating adhesives business within Packaging & Specialty Plastics. More recently, Dow reported first-quarter 2026 results and fourth-quarter 2025 results, underscoring a still-cyclical operating backdrop and ongoing execution of its productivity and restructuring agenda. For investors, Dow Inc. on the NYSE remains a benchmark industrial chemicals name in the United States, combining global scale, an established franchise, and meaningful sensitivity to macroeconomic and sector cycle conditions.