Form 4: Corteva Executive Audrey Grimm Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Audrey Grimm, SVP, Chief Human Resources and Diversity Officer at Corteva, Inc., disposed of 328 shares of common stock on February 28, 2024, to cover tax obligations following the vesting of restricted stock units.
Summary
- On February 28, 2024, Audrey Grimm, a Senior Vice President and Chief Human Resources and Diversity Officer at Corteva, Inc., disposed of 328 shares of Corteva's common stock.
- The transaction was executed to cover tax obligations arising from the vesting of previously granted restricted stock units.
- The shares were disposed of at a price of $54.6188 per share.
- Following the transaction, Audrey Grimm beneficially owns 13,604.9116 shares of Corteva common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions for tax purposes, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock disposal transaction |
| 03/01/2024 | Date of signature on the Form 4 filing |
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