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CTVA Form 4: CFO RSU Tax Withholding and Dividend Reinvestment Detailed

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Insider transaction summary for Corteva, Inc. (CTVA): On 09/16/2025 David Paul Johnson, Executive Vice President and Chief Financial Officer, had 6,754 shares of Corteva common stock disposed of at a price of $69.88 per share. The filing states the shares were withheld by the issuer to satisfy taxes due upon vesting of previously granted restricted stock units, not an open-market sale. After the transaction the reporting person beneficially owned 58,312.2466 shares, which includes 493.1945 shares acquired through dividend reinvestment.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Insider share withholding to cover taxes is routine for RSU vesting; the disclosed sale does not necessarily signal a change in corporate outlook.

The Form 4 shows a withholding (transaction code F) of 6,754 shares at $69.88 to satisfy tax obligations arising from RSU vesting rather than a voluntary open-market sale. This is a typical liquidity mechanism for officers to meet tax liabilities tied to equity awards. The filing also notes dividend reinvestment of 493.1945 shares, which slightly increases long-term ownership. From a governance standpoint, the transaction appears procedural and not indicative of material governance or strategy changes.

TL;DR Transaction is neutral: officer ownership remains sizable and the disposition was for tax withholding, limiting immediate market-signaling effects.

The reported disposal reduced the reported holding via issuer withholding but left total beneficial ownership at 58,312.2466 shares. The explicit reason—tax withholding on RSU vesting—mitigates negative signaling that often accompanies voluntary insider sales. The addition of 493.1945 shares from dividend reinvestment suggests continued participation in the company’s equity programs. For investors monitoring insider activity, this filing is an operational equity-compensation event rather than a material strategic development.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Johnson David Paul

(Last) (First) (Middle)
C/O CORTEVA, INC.
9330 ZIONSVILLE ROAD

(Street)
INDIANAPOLIS IN 46268

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Corteva, Inc. [ CTVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/16/2025 F 6,754(1) D $69.88 58,312.2466(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares withheld by the Issuer to pay taxes due following the vesting of previously granted restricted stock units.
2. Total includes the acquisition of 493.1945 shares pursuant to dividend reinvestment.
/s/Abigail Jarrell, by power-of-attorney 09/18/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Corteva (CTVA) insider David Paul Johnson report on Form 4?

He reported a withholding of 6,754 shares on 09/16/2025 at $69.88 per share to cover taxes related to restricted stock unit vesting; post-transaction beneficial ownership was 58,312.2466 shares.

Was the transaction an open-market sale or tax withholding?

The filing indicates tax withholding (transaction code F) to satisfy taxes due upon RSU vesting, not a voluntary open-market sale.

How many shares were added via dividend reinvestment?

493.1945 shares were acquired pursuant to dividend reinvestment and are included in the total beneficial ownership reported.

What is the reporting person's role at Corteva (CTVA)?

David Paul Johnson is EVP, Chief Financial Officer and the Form 4 is filed on his behalf by an attorney-in-fact.

When was the Form 4 signed and by whom?

Signed by Abigail Jarrell by power-of-attorney on 09/18/2025, as indicated in the filing.
Corteva Inc

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51.80B
671.68M
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INDIANAPOLIS