Corteva (CTVA) SVP Grimm reports 285-share tax withholding on vested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Corteva, Inc. executive Audrey Grimm, SVP and Chief People Officer, reported a small share disposition related to taxes, not an open-market trade. On the reported date, 285 shares of common stock were withheld at $80.12 per share to cover tax obligations from vesting restricted stock units. After this tax-withholding transaction, Grimm’s directly held stake was 34,641.0748 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grimm Audrey
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 285 | $80.12 | $23K |
Holdings After Transaction:
Common Stock — 34,641.075 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Corteva (CTVA) report for Audrey Grimm?
Corteva reported a tax-related share disposition for executive Audrey Grimm. The company withheld 285 common shares to cover taxes due upon vesting of restricted stock units. This was an automatic tax-withholding event, not an open-market buy or sell transaction.
Was Audrey Grimm’s Corteva (CTVA) Form 4 a stock sale in the market?
The Form 4 does not show an open-market stock sale by Audrey Grimm. Instead, it reports a tax-withholding disposition, where 285 shares were retained by Corteva to pay taxes triggered by the vesting of restricted stock unit awards.
What does transaction code "F" mean on Corteva (CTVA) Form 4 for Audrey Grimm?
Transaction code "F" on the Form 4 indicates payment of a tax liability or exercise price using company stock. For Audrey Grimm, it reflects 285 shares withheld by Corteva to cover taxes due when her restricted stock units vested, rather than a discretionary sale.