Form 4: Corteva Executive Samuel R. Eathington Reports Stock Transactions
SEC Form 4 Filing
Samuel R. Eathington, an executive at Corteva, Inc., reported the acquisition and disposal of company stock and stock options on February 18, 2025.
Summary
- On February 18, 2025, Samuel R. Eathington, EVP, Chief Technology and Digital Officer of Corteva, Inc., reported transactions involving Corteva's common stock and non-qualified stock options.
- Eathington disposed of 560 shares of common stock at a price of $64.46 per share to cover taxes due following the vesting of restricted stock units.
- He also acquired 5,120 shares of common stock.
- Following these transactions, Eathington directly owns 68,157.6068 shares of Corteva common stock and indirectly owns 4,384 shares held in a family trust.
- Additionally, Eathington acquired 13,860 non-qualified stock options with an exercise price of $64.46, vesting in three equal annual installments beginning February 18, 2026, and expiring on February 18, 2035.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The document does not contain specific forward-looking statements, but the vesting schedule of the stock options indicates a continued relationship with the company.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The vesting of stock options could incentivize the executive to continue contributing to the company's success.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock and option transactions. |
| 02/18/2026 | First vesting date for the non-qualified stock options. |
| 02/18/2035 | Expiration date for the non-qualified stock options. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Corteva, Eathington, stock options, stock, transactions, Form 4, SEC
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