4/A: Corteva Executive Timothy P. Glenn Amends SEC Filing to Correct Tax Withholding Calculation

Timothy P. Glenn, EVP of the Seed Business Unit at Corteva, Inc., amended his Form 4 filing to correct the number of shares withheld for taxes after the vesting of restricted stock units.

Summary

• Timothy P. Glenn, an executive at Corteva, Inc., filed an amendment (Form 4/A) to a previous Form 4 filing.
• The amendment corrects an error in the calculation of shares withheld for taxes following the vesting of restricted stock units.
• The original filing incorrectly stated that 835 shares were withheld, while the corrected amount is 793 shares.
• The transaction occurred on February 28, 2024, with the amendment filed on March 14, 2024.
• After the transaction, Glenn beneficially owns 185,070.2559 shares of Corteva common stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. While it doesn't indicate positive or negative performance, the correction itself is a sign of diligence and attention to detail.

Negatives

• The original Form 4 filing contained an administrative error in the tax withholding calculation.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Key Dates