Tax withholding share transaction by Corteva (NYSE: CTVA) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corteva, Inc. senior vice president and chief people officer Audrey Grimm reported a Form 4 transaction involving a tax-related share disposition. On the vesting of previously granted restricted stock units, 399 shares of common stock were withheld by Corteva to cover taxes at $76.59 per share, rather than being sold on the open market. After this withholding, Grimm directly held 24,058.0748 Corteva common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grimm Audrey
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 399 | $76.59 | $31K |
Holdings After Transaction:
Common Stock — 24,058.075 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Corteva (CTVA) report for Audrey Grimm?
Corteva reported that executive Audrey Grimm had 399 common shares withheld to pay taxes due on vesting restricted stock units. This tax-withholding disposition did not involve an open-market sale and reflects routine equity compensation administration.
Does the Corteva (CTVA) Form 4 show an open-market stock sale by Audrey Grimm?
No, the Form 4 shows shares withheld by Corteva to cover taxes on vested restricted stock units, coded as a tax-withholding disposition. It does not represent a discretionary open-market sale by Audrey Grimm into the public market.
What does transaction code F mean in Corteva (CTVA) insider filings?
Transaction code F indicates shares were used to pay the exercise price or tax liability related to equity awards. In this case, Corteva withheld 399 shares from Audrey Grimm upon restricted stock unit vesting specifically to satisfy tax obligations, not for a market sale.