Vylor legal chief receives 44,472 spin-off shares
Of the converted options, 4,663 are vested and exercisable; the remaining options vest on September 15, 2027 and September 15, 2028.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Vylor Inc. Chief Legal Officer & Corp Sec Jennifer Amy Johnson received 44,472 Vylor common shares on October 1, 2026, in connection with Vylor’s spin-off from Corteva; the amount includes shares received in the spin-off, restricted stock units and dividend equivalent units. Corteva-denominated equity awards were adjusted in part into Vylor awards, including options covering 13,991 common shares with a $62.20 exercise price. Of those options, 4,663 are vested and exercisable; the remaining options vest in two equal installments on September 15, 2027 and September 15, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Stock Options (Right to Buy) F2 | 13,991 | $0.00 | $0.00 |
| Other | Common F1 | 44,472.4145 | $0.00 | $0.00 |
Footnotes (2)
- 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. 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 Resigistration Statement on Form 10 filed with the SEC on September 21, 2026. 4,663 options are vested and exercisable. The remaining options will vest in two equal installments on September 15, 2027 and September 15, 2028.
Key Figures
Key Terms
spin-off financial
restricted stock units financial
dividend equivalent units financial
Rule 16b-3 regulatory
FAQ
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What VYLR options did Jennifer Amy Johnson receive in the spin-off?
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