Tobin Richard J

Tobin Richard J, President and CEO of Dover Corporation (DOV), has been a heavy seller of DOV shares over the past year, with his most significant open-market transaction occurring on February 19, 2026, when he sold shares valued at approximately $17.9 million. That same day, he also disposed of $14.2 million in shares withheld to cover tax obligations and sold $16.8 million back to the issuer, while exercising options valued at zero. The pattern is dominated by compensation-related activity: on February 13, 2026, he received a grant of DOV stock worth roughly $665 million, followed by automatic tax-withholding sales of $2.5 million. His other DOV transactions in March 2026 were similarly mechanical, with three tax-withholding sales totaling about $1.05 million. Beyond DOV, Tobin holds a smaller position in KeyCorp (KEY), where his activity has been notably different. He made his only open-market purchase in the entire filing history on April 21, 2025, buying $10,380 worth of KEY shares. Since then, his KEY transactions have been limited to quarterly compensation grants of roughly $30,000 each, with no further purchases or sales. The contrast is stark: his sole discretionary buy was a modest KEY purchase, while his DOV activity reflects large, recurring sales tied to equity compensation and option exercises. Across 38 total transactions in two companies, Tobin’s selling bias is unmistakable—he has sold $34.7 million in DOV stock while acquiring $665.2 million in compensation awards, most of which was immediately offset by tax withholding. His only open-market purchase was the small KEY buy, suggesting a cautious approach to adding shares outside his primary employer. The recent direction, however, shows no fresh discretionary selling beyond the February 2026 block, with subsequent DOV filings limited to automatic tax-related disposals.