Form 4: Corteva SVP, Gen Counsel and Secretary Fuerer Cornel B Reports Stock Disposal for Tax Obligations

Fuerer Cornel B, SVP, Gen Counsel and Secretary of Corteva, Inc., reports disposing of 698 shares of common stock on February 28, 2024, to cover tax obligations following the vesting of restricted stock units.

Summary

• On February 28, 2024, Fuerer Cornel B, the SVP, Gen Counsel and Secretary of Corteva, Inc., disposed of 698 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, Fuerer Cornel B directly owns 126,526.4731 shares of Corteva common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who have stock-based compensation. It reflects the standard practice of selling shares to cover tax liabilities upon vesting of restricted stock units.

Stakeholder Impact

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

Key Dates