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Corteva (CTVA) CEO Magro reports PSU share vesting and tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Magro Charles V.

(Last) (First) (Middle)
C/O CORTEVA, INC.
9330 ZIONSVILLE ROAD

(Street)
INDIANAPOLIS IN 46268

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Corteva, Inc. [ CTVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/27/2026 A 58,522(1) A $0 280,703.1357(2)(3) D
Common Stock 01/27/2026 F 23,562(4) D $73 257,141.1357 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. Total includes 382.3358 shares purchased under the Issuer's Employee Stock Purchase Plan (ESPP) in exempt transactions under Rule 16b-3(c).
3. Total includes acquisition of 774.1412 shares pursuant to dividend reinvestment.
4. Represents shares withheld by the Issuer to pay taxes due upon the settlement of the Reporting Person's PSU award.
/s/Abigail Jarrell, by power-of-attorney 01/29/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Corteva (CTVA) shares did the CEO receive from performance units?

Charles V. Magro received 58,522 shares of Corteva common stock from previously granted performance-based share units. These units vested after a three-year performance period ending December 31, 2025, following certification of performance and approval by the Board’s People and Compensation Committee.

Why were Corteva (CTVA) shares withheld from the CEO’s Form 4 transaction?

The 23,562 Corteva shares shown as a disposition were withheld by the company to pay taxes due on settlement of the CEO’s performance-based share unit award. This is a tax withholding transaction, not an open-market sale of shares by the reporting person.

What is Charles V. Magro’s Corteva (CTVA) share ownership after these transactions?

Following the reported transactions, Charles V. Magro directly beneficially owned 257,141.1357 Corteva common shares. This total includes 382.3358 shares purchased through the Employee Stock Purchase Plan and 774.1412 shares acquired through the company’s dividend reinvestment.

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.
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49.90B
674.95M
0.09%
86.86%
1.06%
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United States
INDIANAPOLIS