SCHEDULE: FMR LLC Discloses 5.2% Stake in Corteva Inc.
Beneficial Ownership Filing (Schedule 13G)
FMR LLC and Abigail P. Johnson have reported beneficial ownership of 5.2% of Corteva Inc.'s common stock as of March 31, 2026.
Summary
- FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, indicating their beneficial ownership of Corteva Inc. common stock.
- As of March 31, 2026, the total number of shares beneficially owned is 35,175,070.01.
- This represents 5.2% of the total outstanding common stock of Corteva Inc.
- FMR LLC holds sole voting power over 31,857,057.60 shares and sole dispositive power over 35,175,070.01 shares.
- Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, along with other Johnson family members, are predominant owners of FMR LLC's voting shares.
- A shareholders' voting agreement among Series B shareholders of FMR LLC may deem the Johnson family group to form a controlling group with respect to FMR LLC.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a large investment firm and does not contain new operational or financial performance information about Corteva Inc.
Positives
- FMR LLC and Abigail P. Johnson maintain a significant ownership stake (5.2%) in Corteva Inc., suggesting confidence in the company's long-term prospects.
- The filing indicates that FMR LLC has substantial sole voting and dispositive power over the reported shares, implying active investment management.
Risks
- The filing notes that while FMR LLC and Abigail P. Johnson beneficially own over 5% of Corteva Inc., no single other person's interest exceeds five percent.
- The Johnson family's control over FMR LLC through a shareholders' voting agreement could lead to concentrated decision-making regarding their investment in Corteva Inc.
Future Outlook
This filing is a disclosure of current beneficial ownership and does not contain specific forward-looking statements or guidance from Corteva Inc. management regarding future performance.
Management Comments
- FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC.
- Members of the Johnson family, through ownership of Series B voting common shares and a shareholders' voting agreement, may be deemed to form a controlling group with respect to FMR LLC.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by FMR LLC and Abigail P. Johnson indicates a significant institutional holding in Corteva Inc., a major player in the agricultural chemicals and seeds industry. Such filings are common for large asset managers and can signal sustained investor interest or a strategic shift in portfolio allocation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Shareholders' Voting Agreement | Members of the Johnson family and other Series B shareholders of FMR LLC have entered into a shareholders' voting agreement to vote their shares in accordance with the majority vote of Series B voting common shares. | Not specified, but implied to be in effect prior to or during the reporting period. | This agreement may consolidate voting power among the Johnson family and other Series B shareholders, potentially influencing FMR LLC's overall governance and investment decisions. |
Stakeholder Impact
- Shareholders: The filing confirms a significant institutional investor's stake, which can influence market perception and potentially stock liquidity. The concentration of voting power within FMR LLC due to the Johnson family's agreement might also be a point of interest for other shareholders.
- Management of Corteva Inc.: The disclosure of a substantial beneficial owner is standard and expected. Corteva's management will be aware of FMR LLC's position and potential influence.
- FMR LLC Stakeholders: The filing details the beneficial ownership of securities held by FMR LLC and its affiliates, providing transparency to its own investors and stakeholders regarding its investment activities.
Next Steps
- FMR LLC and Abigail P. Johnson will continue to hold and manage their beneficial ownership of Corteva Inc. common stock.
- Further filings may be required if there are significant changes in beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of Event Which Requires Filing of this Statement (Reporting Period End) |
| 04/13/2026 | Effective date for Power of Attorney for FMR LLC and Abigail P. Johnson. |
| 04/29/2026 | Date of previous Schedule 13G filing by FMR LLC. |
| 05/05/2026 | Date of joint filing of Schedule 13G and execution of Rule 13d-1(k)(1) agreement. |
Keywords
Corteva Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management, Shareholders' Voting Agreement
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