Form 4: Corteva Director Lutz M. Marcos Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Lutz M. Marcos reports a transaction involving Corteva, Inc. common stock due to tax obligations and dividend reinvestment.
Summary
- On April 26, 2025, Corteva, Inc. Director Lutz M. Marcos had 941 shares of common stock withheld by the issuer to cover tax obligations following the vesting of restricted stock units at a price of $61.47 per share.
- Following this transaction, Marcos beneficially owns 58,419.2921 shares of Corteva common stock, which includes 235.6639 shares acquired through dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/26/2025 | Date of stock transaction (tax withholding). |
| 04/29/2025 | Date of signature on the report. |
Keywords
Corteva, Beneficial Ownership, Form 4, Director, Stock Transaction, Dividend Reinvestment, Tax Withholding
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