Form 4: Corteva Executive Judd M. O'Connor Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP Judd M. O'Connor of Corteva, Inc. reports disposing of 200 shares of common stock to cover tax obligations following the vesting of restricted stock units.
Summary
- On February 28, 2025, Judd M. O'Connor, an Executive Vice President at Corteva, Inc., disposed of 200 shares of Corteva common stock.
- The disposal 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 $62.98 per share.
- Following the transaction, O'Connor directly owns 36,512.2572 shares of Corteva common stock and indirectly owns 256.0737 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into insider transactions but doesn't necessarily reflect a strategic shift or significant event for Corteva.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transaction. |
| 03/04/2025 | Date of Form 4 filing. |
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