Dow

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-04-09 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: DOW INC. (DOW) CIK: 0001751788 --- Reporting Owner --- Name: BUSH WESLEY G CIK: 0001216503 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock Date: 2026-04-09 | Code: A (Grant or award) Shares: +5,127 | Price: $0.00 Shares Owned After: 33,800 | Ownership: D (Direct) Footnotes: [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] Total includes previously reported restricted stock units. --- Holdings --- [Holding #1] Security: Common Stock Ownership: I (Indirect) [Holding #2] Security: Common Stock Ownership: I (Indirect) [Holding #3] Security: Phantom Stock Units Ownership: D (Direct) Footnotes: [F3] 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. [F4] 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. [F4] 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. --- Footnotes (Complete Index) --- 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: Total includes previously reported restricted stock units. F3: 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. F4: 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. --- Signature --- /s/ /s/ Wesley G. Bush (2026-04-13)