Nayyar Nayaki R 4
Research Summary
AI-generated summary
Corteva (CTVA) Director Nayyar Nayaki Receives 446 Shares
What Happened Nayyar Nayaki R, a non-employee director of Corteva, received 446.429 stock units (reported as an acquisition) on January 30, 2026. The units are valued at $72.80 each, for a total reported value of $32,500. The transaction is an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; reported filing date: 2026-02-03 (filed within the Form 4 timeliness window).
- Price/value: $72.80 per share; total value $32,500.
- Shares acquired: 446.429 stock units (includes 89.8660 shares acquired via dividend reinvestment).
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnotes: The units were issued under Corteva’s Stock Accumulation and Deferred Compensation Plan for Directors (units represent deferred cash compensation to be settled one-for-one in CTVA common stock on a future elected date). Dividend reinvestment contributed 89.8660 of the units.
Context This was a compensation-related award to a director under the company’s deferred compensation plan. Such grants are routine director compensation and do not necessarily signal the director’s market view. Purchases or open-market sales are generally more informative about insider sentiment than routine awards.