Form 4: Corteva Executive Samuel R. Eathington Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Samuel R. Eathington, an executive at Corteva, Inc., reported disposing of 696 shares of common stock to cover tax obligations related to vesting restricted stock units on February 28, 2025.
Summary
- On February 28, 2025, Samuel R. Eathington, EVP, Chief Technology and Digital Officer of Corteva, Inc., disposed of 696 shares of common stock.
- The disposal was to cover tax obligations arising from the vesting of previously granted restricted stock units.
- The shares were sold at a price of $62.98 per share.
- Following the transaction, Eathington directly owns 66,862.6068 shares of Corteva common stock and indirectly owns 4,384 shares held in a family trust.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade in their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal to cover tax obligations. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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