Form 4: Corteva EVP, Chief Financial Officer David J. Anderson Reports Changes in Beneficial Ownership

David J. Anderson, EVP and Chief Financial Officer of Corteva, Inc., reports a transaction involving the withholding of shares to cover taxes and acquisition through dividend reinvestment, resulting in an updated beneficial ownership of 95,482.8684 shares.

Summary

• On April 12, 2024, David J. Anderson, the EVP and Chief Financial Officer of Corteva, Inc., had shares withheld by the issuer to cover taxes due following the vesting of previously granted restricted stock units.
• A total of 11,992 shares were withheld at a price of $54.665 per share.
• Anderson also acquired 143.5927 shares through dividend reinvestment.
• Following these transactions, Anderson's total beneficial ownership of Corteva common stock is 95,482.8684 shares.
• The reporting of this transaction was delayed due to an inadvertent administrative error.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions. The late filing due to an administrative error is a minor negative.

Negatives

• The transaction report was filed late due to an inadvertent administrative error.

Risks

• Administrative errors in reporting transactions could lead to compliance issues.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings of key personnel.

Key Dates