Johnson David Paul 4

What Happened

• David Paul Johnson, Chief Financial Officer of Corteva, had 704 shares withheld by the issuer on Feb 18, 2026 to satisfy tax withholding obligations tied to previously vested restricted stock units. The filing reports a per-share amount of $76.59, for a withholding value of $53,919. This is coded as an F transaction (tax withholding/disposition), not an open-market sale.

Key Details

• Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (appears timely).
• Shares withheld/disposed: 704 at $76.59 per share; total value ~ $53,919.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 — shares were withheld by the issuer to pay taxes after RSU vesting. F2 — total holdings noted in the filing include 107.7425 shares acquired via dividend reinvestment.
• Transaction code: F (tax withholding on vested equity), which is a routine administrative disposition rather than a market sale (S) or purchase (P).

Context

• Tax-withholding on vested RSUs is a common administrative action and does not necessarily indicate insider sentiment about the company. Unlike purchases (which can be interpreted as bullish), withholding to cover taxes is routine and typically reduces the insider’s reported share count without involving an open-market sale.