Corteva (NYSE: CTVA) director defers board fees into stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corteva, Inc. director Janet Plaut Giesselman reported receiving an award of 95.6672 shares of Common Stock on April 30, 2026. These represent stock units acquired under Corteva’s Stock Accumulation and Deferred Compensation Plan for Directors, where non-employee directors can defer cash fees into stock units.
After this grant, Giesselman directly holds a total of 20,102.5700 shares of Corteva common stock. The stock units were valued using the closing price of $81.01 per share on the date the cash compensation would otherwise have been paid.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Giesselman Janet Plaut
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 95.667 | $81.01 | $8K |
Holdings After Transaction:
Common Stock — 20,102.57 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock units granted: 95.6672 shares
Reference share price: $81.01 per share
Holdings after transaction: 20,102.5700 shares
3 metrics
Stock units granted
95.6672 shares
Common Stock units awarded on April 30, 2026
Reference share price
$81.01 per share
Closing price used to calculate deferred stock units
Holdings after transaction
20,102.5700 shares
Total Corteva common stock held directly after grant
Key Terms
Stock Accumulation and Deferred Compensation Plan for Directors, stock units, deferred compensation
3 terms
Stock Accumulation and Deferred Compensation Plan for Directors financial
"Represents stock units acquired pursuant to the Issuer's Stock Accumulation and Deferred Compensation Plan for Directors"
stock units financial
"Cash compensation deferred in the form of stock units is calculated based on the closing price"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferred compensation financial
"non-employee directors may elect to defer the payment of all or a specified portion of their cash compensation"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
What insider transaction did Corteva (CTVA) report for Janet Plaut Giesselman?
Corteva director Janet Plaut Giesselman received 95.6672 stock units as compensation. The units were granted under the company’s director deferred compensation plan and are settled in Corteva common stock instead of immediate cash fees, based on the applicable closing share price.
What price was used to calculate Corteva (CTVA) director stock units?
The stock units were calculated using Corteva’s closing share price of $81.01. Under the director deferred compensation plan, cash fees are converted into stock units on a one-for-one basis using the closing price on the date the cash compensation would have been paid.
Is the Corteva (CTVA) Form 4 transaction an open-market stock purchase?
No, the transaction is a compensation-related stock unit award, not an open-market purchase. The director elected to defer cash board fees into Corteva stock units under a plan, so shares are credited rather than bought on the market.
What is Corteva’s Stock Accumulation and Deferred Compensation Plan for Directors?
It is a program allowing non-employee directors to defer some or all of their cash compensation into stock units. These units are settled one-for-one in Corteva common stock at a future date the director selects when making the deferral election.