Form 4: Corteva Executive Robert D. King Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert D. King, EVP of Crop Protection Business at Corteva, Inc., reports a transaction involving the disposal of shares to cover tax obligations following the vesting of restricted stock units.
Summary
- On April 4, 2025, Robert D. King, an Executive Vice President at Corteva, Inc., reported a transaction involving common stock.
- Specifically, 9,398 shares were disposed of at a price of $55.79 per share to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, King directly owns 62,219.9068 shares of Corteva common stock, which includes 88.0623 shares acquired through dividend reinvestment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction related to tax obligations from vested equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Date of stock transaction (disposal of shares). |
| 04/08/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Corteva, CTVA, Robert D. King, Crop Protection, Stock Transaction, SEC Filing
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