Corteva EVP has 574 shares withheld for taxes
Corteva, Inc. executive Robert D. King reported a tax-related share disposition.
Rhea-AI Filing Summary
Corteva, Inc. executive Robert D. King reported a tax-related share disposition. On this Form 4, 574 shares of common stock were withheld by Corteva at a price of $80.12 per share to cover taxes due upon vesting of previously granted restricted stock units. After this withholding transaction, King directly holds 68,664.2177 shares of Corteva common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 574 shares
Net Sell
1 txn
Insider
King Robert D.
Role
EVP, Crop Protection Business
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 574 | $80.12 | $46K |
Holdings After Transaction:
Common Stock — 68,664.2177 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to pay taxes due following the vesting of previously granted restricted stock units.
FAQ
What insider transaction did Corteva (CTVA) report for Robert D. King?
Corteva reported that executive Robert D. King had 574 common shares withheld to cover taxes due on vesting of restricted stock units. This was recorded as a tax-withholding disposition rather than an open-market sale, and his direct ownership remains sizable afterward.
Was the Corteva (CTVA) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Corteva to pay taxes triggered by vesting restricted stock units, according to the footnote, rather than being sold on the open market by Robert D. King.
What is Robert D. King’s role at Corteva (CTVA) in this Form 4?
Robert D. King is identified as an officer of Corteva, serving as Executive Vice President of the Crop Protection Business. The reported Form 4 transaction reflects tax withholding on his equity compensation rather than discretionary trading in Corteva common stock.
What does transaction code F mean on the Corteva (CTVA) Form 4?
Transaction code F on the Form 4 indicates shares used to pay an exercise price or tax liability. In this case, it denotes shares withheld by Corteva to cover taxes due upon vesting of Robert D. King’s restricted stock units, rather than a typical market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.