Form 4: Corteva Executive Robert D. King Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP of Crop Protection Business at Corteva, Robert D. King, reports disposing of shares to cover tax obligations following vesting of restricted stock units.
Summary
- On February 20, 2025, Robert D. King, EVP of Crop Protection Business at Corteva, Inc., disposed of 570 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $63.83 per share.
- Following the transaction, King directly owns 72,007.9711 shares of Corteva common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Robert D. King, transact in their company's stock. These filings provide transparency into the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock disposal transaction. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Corteva, Stock Disposal, Robert D. King, Executive Compensation, Tax Obligations, CTVA
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