Form 4: Corteva CEO Charles V. Magro Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Charles V. Magro, CEO of Corteva, Inc., reports the disposal of 5,964 common stock shares to cover tax obligations following the vesting of restricted stock units on February 20, 2025.
Summary
- On February 20, 2025, Charles V. Magro, the CEO of Corteva, Inc., disposed of 5,964 shares of common stock.
- The disposal was executed to cover tax obligations arising from the vesting of previously granted restricted stock units.
- The transaction was reported on February 24, 2025.
- Following the transaction, Magro beneficially owns 225,931.6587 shares of Corteva common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction (stock disposal) |
| 02/24/2025 | Date of Form 4 filing |
Keywords
Form 4, Corteva, Magro, Stock Disposal, Tax Obligations, CEO, CTVA, Restricted Stock Units, Beneficial Ownership
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