Form 4: Corteva Executive Timothy Glenn Reports Stock Transactions

Timothy Glenn, an EVP at Corteva, reported the disposal of 835 shares of common stock to cover tax obligations following the vesting of restricted stock units on February 28, 2024.

Summary

• On February 28, 2024, Timothy Glenn, an Executive Vice President at Corteva, disposed of 835 shares of Corteva 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, Glenn directly owns 184,982.2559 shares of Corteva common stock and indirectly owns 14,737.5994 shares held in a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates