Corteva (CTVA) CEO Magro reports PSU share vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corteva, Inc. Chief Executive Officer Charles V. Magro reported equity award activity in company stock. On January 27, 2026, he acquired 58,522 shares of Corteva common stock at $0 per share from the settlement of previously awarded performance-based share units.
On the same date, 23,562 shares of common stock were withheld at $73 per share to cover taxes due on the PSU settlement. After these transactions, Magro directly beneficially owned 257,141.1357 shares of Corteva common stock, including amounts from the employee stock purchase plan and dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Magro Charles V.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 58,522 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,562 | $73.00 | $1.72M |
Holdings After Transaction:
Common Stock — 280,703.136 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 382.3358 shares purchased under the Issuer's Employee Stock Purchase Plan (ESPP) in exempt transactions under Rule 16b-3(c). Total includes acquisition of 774.1412 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 transactions did Corteva (CTVA) report for CEO Charles V. Magro?
Corteva reported two insider equity transactions for CEO Charles V. Magro on January 27, 2026. He received 58,522 Corteva common shares from settling performance-based share units, and 23,562 shares were withheld by the company to cover taxes on that award.
What performance period applied to the Corteva (CTVA) PSU award settled in this Form 4?
The performance-based share units settled on January 27, 2026 covered a three-year performance period that concluded on December 31, 2025. Shares were delivered after certification of performance results and approval of settlement by the People and Compensation Committee.
What role does Charles V. Magro hold at Corteva (CTVA) in this Form 4?
In this Form 4, Charles V. Magro is identified as both a director and an officer of Corteva, serving as Chief Executive Officer. The filing reports changes in his beneficial ownership of Corteva common stock arising from equity award settlement and related tax withholding.