Corteva (NYSE: CTVA) EVP gains PSU shares, withholdings for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corteva EVP Robert D. King reported equity compensation activity involving company common stock. On January 27, 2026, he received 8,564 shares at $0 upon settlement of previously awarded performance-based share units, after certification of three-year performance results and approval by the People and Compensation Committee. This total includes 58.9301 shares from dividend reinvestment. On the same date, 2,551 shares at $73 were withheld by Corteva to cover taxes due on the PSU settlement. Following these transactions, King directly holds 55,334.2177 shares of Corteva common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
King Robert D.
Role
EVP, Crop Protection Business
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,564 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,551 | $73.00 | $186K |
Holdings After Transaction:
Common Stock — 57,885.218 shares (Direct)
Footnotes (1)
- Represents the number of shares received upon the settlement of previously awarded performance-based share units (PSUs) following the certification of achievement of specified performance metrics during the three-year performance period and approval of the settlement of the PSU grant by the People and Compensation Committee of the Board of Directors on January 27, 2026. The shares underlying the PSU grant vested at the conclusion of the performance period on December 31, 2025. Total includes acquisition of 58.9301 shares pursuant to dividend reinvestment. Represents shares withheld by the Issuer to pay taxes due upon the settlement of the Reporting Person's PSU award.
FAQ
What insider activity did Corteva (CTVA) report for EVP Robert D. King?
Corteva reported that EVP Robert D. King received 8,564 common shares at $0 from the settlement of performance-based share units, and 2,551 shares at $73 were withheld by the company to pay taxes, leaving him with 55,334.2177 directly held shares.
What performance period applied to Robert D. King’s Corteva PSU award?
The performance-based share units settled for Robert D. King were tied to a three-year performance period, with shares vesting at the conclusion of that period on December 31, 2025, following certification of achievement of specified performance metrics.
How did dividend reinvestment affect Robert D. King’s Corteva PSU settlement?
The total 8,564 Corteva shares received upon settlement of Robert D. King’s performance-based share units includes 58.9301 shares acquired through dividend reinvestment, increasing the final share count delivered from the original PSU award.