Corteva (CTVA) director boosts holdings with 446 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corteva, Inc. director Nayyar Nayaki R reported acquiring 446.4286 shares of common stock on January 30, 2026. The shares were credited as stock units under Corteva’s Stock Accumulation and Deferred Compensation Plan for Directors at a reference price of $72.80 per share.
Under this plan, non-employee directors can defer cash compensation into stock units that will later be settled one-for-one in Corteva common stock on a future date they select. Following this transaction, Nayyar beneficially owns 33,427.2685 shares, which include 89.8660 shares acquired through dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nayyar Nayaki R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 446.429 | $72.80 | $33K |
Holdings After Transaction:
Common Stock — 33,427.269 shares (Direct)
Footnotes (1)
- Represents stock units acquired pursuant to the Issuer's Stock Accumulation and Deferred Compensation Plan for Directors under which non-employee directors may elect to defer the payment of all or a specified portion of their cash compensation to be settled in CTVA common stock on a one-for-one basis on a future date selected by the Reporting Person at the time of his or her deferral election. Cash compensation deferred in the form of stock units is calculated based on the closing price of CTVA common stock on the date the cash compensation would have otherwise been payable. Includes acquisition of 89.8660 shares pursuant to dividend reinvestment.
FAQ
What insider transaction did Corteva (CTVA) director Nayyar Nayaki report?
Corteva director Nayyar Nayaki reported acquiring 446.4286 shares of common stock on January 30, 2026. These were credited as stock units under the company’s director deferred compensation plan, increasing his beneficial ownership to 33,427.2685 shares, including amounts from dividend reinvestment.
At what price were the Corteva (CTVA) stock units credited to the director?
The stock units were calculated using a reference price of $72.80 per Corteva common share. This price is used by the director compensation plan to convert deferred cash compensation into stock units on the date the cash would otherwise have been paid.
What is Corteva’s Stock Accumulation and Deferred Compensation Plan for Directors?
The plan allows Corteva non-employee directors to defer all or part of their cash compensation into stock units. These units are settled one-for-one in Corteva common stock on a future date the director chooses, using the stock’s closing price when cash would have been paid.
How were dividend reinvestments reflected in this Corteva (CTVA) Form 4?
The filing notes that the director’s holdings include 89.8660 shares acquired through dividend reinvestment. This means cash dividends on existing holdings were automatically used to purchase additional Corteva shares, increasing his total beneficial ownership reported on the form.
Is this Corteva (CTVA) insider transaction a purchase on the open market?
No, this transaction reflects stock units credited under Corteva’s director deferred compensation plan, not an open-market buy. The units arise from electing to receive board cash compensation in stock-based form, calculated using the stock’s closing price on the relevant payment date.