Eathington Samuel R 4
Research Summary
AI-generated summary
Corteva EVP Samuel Eathington Receives PSU Award; Withholds Shares
What Happened
Samuel R. Eathington, EVP and Chief Technology & Digital Officer at Corteva (CTVA), received 7,993 shares on January 27, 2026 upon settlement of performance-based share units (PSUs). The shares were acquired at $0 (award settlement). To cover tax withholding on the PSU settlement, 2,520 shares were withheld/disposed at $73.00 per share, totaling $183,960. The PSU vesting date was December 31, 2025 and the settlement was approved January 27, 2026.
Key Details
- Transaction dates: January 27, 2026 (PSU settlement and tax withholding)
- Acquired: 7,993 shares (PSU settlement) at $0.00
- Disposed/Withheld for taxes: 2,520 shares at $73.00 — proceeds = $183,960
- Footnotes:
- F1: PSU vesting concluded 12/31/2025; settlement certified and approved 1/27/2026.
- F2: Total share count includes 106.2657 shares from dividend reinvestment.
- F3: 2,520 shares were withheld by the issuer to pay taxes due on the PSU settlement.
- Shares owned after the transaction: Not specified in the provided excerpt.
- Filing timeliness: Report filed 1/29/2026 for 1/27/2026 transactions — appears timely.
Context
This was a settlement of performance-based awards, not an open-market sale or purchase. The withholding of shares to cover taxes is routine and does not necessarily indicate insider sentiment. For retail investors, award settlements increase insider holdings in a non-cash way, while withheld shares simply satisfy tax obligations.