O'Connor Judd M 4
4 · Corteva, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Corteva (CTVA) EVP Judd M. O'Connor Receives Award; Shares Withheld
What Happened Judd M. O'Connor, EVP of Corteva's Seed Business Unit, received 3,426 shares on January 27, 2026 upon settlement of performance-based share units (PSUs). The award was recorded as an acquisition at $0.00 per share (grant). To cover taxes due on the PSU settlement, 1,138 shares were withheld by the issuer and reported as a disposition at $73.00 per share, totaling $83,074.
Key Details
- Transaction dates/prices: 2026-01-27 — Award of 3,426 shares at $0.00; 1,138 shares withheld/disposed at $73.00 ($83,074).
- Vesting/approval: PSUs vested at the end of the three-year performance period on 2025-12-31 and settlement was approved by the People and Compensation Committee on 2026-01-27 (see footnote F1).
- Tax withholding: Footnote F4 confirms the 1,138-share disposition represents shares withheld by the issuer to pay taxes.
- Dividend reinvestment: Footnotes note small fractional-share additions included in totals (F2: 20.3501 shares; F3: 2.6685 shares).
- Shares owned after transaction: Not specified in the Form 4.
- Filing timeliness: Form 4 filed 2026-01-29 reporting the 2026-01-27 transaction — filed within the standard two-business-day window.
Context This was a compensation settlement (PSUs) rather than an open-market purchase or sale. The withholding of shares to satisfy tax obligations is common in PSU settlements and is not the same as an open-market sale for cash. For retail investors, awards signal executive compensation recognition but do not by themselves indicate insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-01-27+3,426→ 39,958.607 total - Tax Payment
Common Stock
[F4]2026-01-27$73.00/sh−1,138$83,074→ 38,820.607 total
- 258.742(indirect: By 401(k))
Common Stock
[F3]
Footnotes (4)
- [F1]Represents the number of shares received upon the settlement of previously awarded performance-based share units (PSUs) following the certification of achievement of specified performance metrics during the three-year performance period and approval of the settlement of the PSU grant by the People and Compensation Committee of the Board of Directors on January 27, 2026. The shares underlying the PSU grant vested at the conclusion of the performance period on December 31, 2025.
- [F2]Total includes acquisition of 20.3501 shares pursuant to dividend reinvestment.
- [F3]Total includes acquisition of 2.6685 shares pursuant to dividend reinvestment.
- [F4]Represents shares withheld by the Issuer to pay taxes due upon the settlement of the Reporting Person's PSU award.