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# Dover CEO Richard Tobin Plans To Sell 86,440 Shares Worth $19.0 Million
- URL: https://www.bullished.co/dover-ceo-richard-tobin-plans-to-sell-86-440-shares-worth-19-0-million-8c5f2756/
- Published: 2026-11-02T21:16:35.000Z
- Updated: 2026-11-02T21:16:35.000Z
- Description: Dover's chairman and CEO filed a notice of a proposed stock sale, with Merrill Lynch as broker and an approximate sale date of November 2.
- Author: Matteo Parrino
- Tags: Insider Trades, DOV, Industry: Industrials

Richard J Tobin, chairman, president and CEO of [Dover](https://www.bullished.co/tag/dov/), plans to sell [86,440 shares](https://www.sec.gov/Archives/edgar/data/0001681915/000162828026068860/xsl144X01/primary%5Fdoc.xml?ref=bullished.co) of the company's common stock, a proposed sale with an aggregate market value of $19.0 million. He disclosed the plan in a Form 144, the notice insiders file before selling, on Monday.

## Shares from 2019 and 2020 awards

The notice names Merrill Lynch as the broker and gives an approximate sale date of 11/02/2026\. A Form 144 covers sales within roughly 90 days of filing.

Tobin received the shares as compensation awards from Dover, in two tranches on 02/15/2019 and 02/14/2020, the filing says.

## A stock up 6.4% this year

Dover, a diversified manufacturer of industrial equipment, consumable supplies, aftermarket parts and software and support services, closed Monday at $215.91\. As of Friday's close of $207.74, the shares were up 6.4% this year and 15.3% over 12 months, within a 52-week range of $176.40 to $237.54.

The 2025 year-end close of $195.24 is the baseline for this year's gain.

## Five segments, 40% recurring

Dover runs five segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions, and Climate & Sustainability Technologies. According to its 10-K for the year ended December 31, 2025, parts, consumables, services and software that customers buy repeatedly make up about 40% of revenue. The company is based in Downers Grove, Illinois.

Whether the sale goes through on the approximate November 2 date in the notice will show up in Tobin's later insider filings.

### Sources

- [Form 144 — Richard J Tobin (DOV)](https://www.sec.gov/Archives/edgar/data/0001681915/000162828026068860/xsl144X01/primary%5Fdoc.xml?ref=bullished.co) — SEC EDGAR

### More on Dover

- [Dover Closes €800 Million Bond Sale With 4.350% Coupon, Due 2030](https://www.bullished.co/dover-closes-800-million-bond-sale-with-4-350-coupon-due-2030-825bbf7c/)
- [Dover Backlog Jumps 35% As Customers Line Up To Reserve Factory Capacity](https://www.bullished.co/dover-backlog-jumps-35-as-customers-line-up-to-reserve-factory-capacity-9b4b84d7/)
- [Dover Orders Rise In All Five Segments As Third-Quarter Earnings Per Share Climb 14%](https://www.bullished.co/dover-orders-rise-in-all-five-segments-as-third-quarter-earnings-per-share-climb-14-bc61b7f4/)

[All Dover (DOV) coverage →](https://www.bullished.co/tag/dov/)