Corteva EVP reports tax withholding of 526 shares
Corteva, Inc. executive Robert D. King, EVP of the Crop Protection Business, reported a tax-related share disposition.
Rhea-AI Filing Summary
Corteva, Inc. executive Robert D. King, EVP of the Crop Protection Business, reported a tax-related share disposition. On the transaction date, 526 shares of common stock at $76.59 per share were withheld by Corteva to cover taxes due on vesting restricted stock units, leaving him with 54,808.2177 directly owned shares.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on equity vesting; no open-market selling.
The filing shows Robert D. King had 526 Corteva common shares withheld at $76.59 each to satisfy taxes on previously granted restricted stock units that vested. This is coded as a tax-withholding disposition, not a voluntary market sale.
After this administrative transaction, his directly owned stake is 54,808.2177 shares. Such withholding events are standard for equity compensation and do not, by themselves, signal a change in the executive’s sentiment toward the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 526 | $76.59 | $40K |
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?
Was the Corteva (CTVA) Form 4 for Robert D. King an open-market stock sale?
What does transaction code "F" mean on the Corteva (CTVA) Form 4 for Robert D. King?
AI-generated analysis. How Rhea-AI works. Not financial advice.