Form 4: Corteva Executive Robert D. King Reports Stock Transaction
SEC Form 4 Filing
Robert D. King, an EVP at Corteva, Inc., reported a transaction involving common stock on February 28, 2024, where shares were withheld to cover taxes due upon vesting of restricted stock units.
Summary
- On February 28, 2024, Robert D. King, an Executive Vice President at Corteva, Inc., engaged in a transaction involving the company's common stock.
- The transaction involved the withholding of 531 shares by Corteva to cover taxes due following the vesting of previously granted restricted stock units.
- The price per share for the transaction was $54.6188.
- Following the reported transaction, King beneficially owns 65,379.0429 shares of Corteva common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the stock transaction (shares withheld for taxes). |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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