Vylor CTO Eathington receives Corteva spin-off shares
Some converted options held by Vylor’s chief technology officer will vest in installments in 2027 and 2028.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Vylor Inc. Chief Technology Officer Samuel R. Eathington reported acquisitions connected to Vylor’s October 1, 2026 spin-off from Corteva. After the transactions, he reported 152,325 shares of Vylor common stock directly and 4,384 shares indirectly through a Family Trust. The directly held amount includes spin-off-related stock, restricted stock units and dividend equivalent units; Eathington received one Vylor share for each Corteva common share he held.
Five groups of Corteva stock options were converted into Vylor options, covering 21,045, 15,616, 17,969, 27,974 and 14,728 underlying shares, with respective exercise prices of $45.00, $57.22, $48.25, $40.08 and $55.29. The groups covering 21,045, 27,974 and 14,728 shares were vested and exercisable. In the other two groups, 5,205 of 15,616 and 11,978 of 17,969 options were vested and exercisable; the remaining options will vest in two installments on February 18, 2027 and February 18, 2028, and on February 20, 2027, respectively.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Options (Right to Buy) F2 | 21,045 | $0.00 | $0.00 |
| Other | Stock Options (Right to Buy) F3 | 15,616 | $0.00 | $0.00 |
| Other | Stock Options (Right to Buy) F4 | 17,969 | $0.00 | $0.00 |
| Other | Stock Options (Right to Buy) F2 | 27,974 | $0.00 | $0.00 |
| Other | Stock Options (Right to Buy) F2 | 14,728 | $0.00 | $0.00 |
| Other | Common F1 | 152,325.2906 | $0.00 | $0.00 |
| Other | Common | 4,384 | $0.00 | $0.00 |
Footnotes (4)
- F1. On October 1, 2026, the Reporting Person received a dividend of one (1) share of Vylor Inc. ("Vylor") common stock for every one (1) share of Corteva Inc. ("Corteva") common stock held by the Reporting Person, and the Reporting Person's equity awards denominated in Corteva common stock were adjusted, in part, into equity awards denominated in Vylor common stock, in connection with the spin-off of Vylor from Corteva, as described in Vylor's Registration Statement on Form 10 filed with the SEC on September 21, 2026. This amount includes the Vylor common stock received in connection with the spin-off in an exempt transaction pursuant to Rule 16b-3, including restricted stock units and dividend equivalent units.
- F2. Represents equity awards originally granted by Corteva that have been converted into Vylor equity awards in connection with the spin-off of Vylor from Corteva, as described in Vylor's Registration Statement on Form 10 filed with the SEC on September 21, 2026. These options are vested and exercisable.
- F3. Represents equity awards originally granted by Corteva that have been converted into Vylor equity awards in connection with the spin-off of Vylor from Corteva, as described in Vylor's Registration Statement on Form 10 filed with the SEC on September 21, 2026. 5,205 options are vested and exercisable. The remaining options will vest in two installments on February 18, 2027 and February 18, 2028.
- F4. Represents equity awards originally granted by Corteva that have been converted into Vylor equity awards in connection with the spin-off of Vylor from Corteva, as described in Vylor's Registration Statement on Form 10 filed with the SEC on September 21, 2026. 11,978 options are vested and exercisable. The remaining options will vest on February 20, 2027.
Key Figures
Key Terms
spin-off financial
restricted stock units financial
dividend equivalent units financial
vested and exercisable financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What VYLR options were converted for Samuel R. Eathington?
When do Samuel R. Eathington’s converted VYLR options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.