Form 4: Corteva Executive Samuel R. Eathington Reports Stock Transaction

Samuel R. Eathington, EVP, Chief Technology and Digital Officer of Corteva, Inc., reports the disposal of 461 shares of common stock to cover tax obligations following the vesting of restricted stock units on February 28, 2024.

Summary

• On February 28, 2024, Samuel R. Eathington, an executive at Corteva, Inc., disposed of 461 shares of common stock.
• The transaction was executed to cover tax obligations arising from the vesting of previously granted restricted stock units.
• The shares were disposed of at a price of $54.6188 per share.
• Following the transaction, Eathington directly owns 53,824.5902 shares of Corteva common stock.
• Eathington also indirectly owns 4,384 shares held in a family trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares being sold by an executive to cover tax obligations.

Key Dates