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.
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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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.