Form 4: Corteva Executive Robert D. King Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Robert D. King, EVP of Crop Protection Business at Corteva, Inc., disposed of 478 shares of common stock on February 28, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 28, 2025, Robert D. King, an executive at Corteva, Inc., disposed of 478 shares of Corteva common stock.
- The transaction was executed at a price of $62.98 per share.
- The disposal was conducted to cover tax obligations arising from the vesting of previously granted restricted stock units.
- Following the transaction, King's beneficial ownership of Corteva common stock is 71,529.9711 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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