Magro Charles V. 4
Research Summary
AI-generated summary
Corteva (CTVA) CEO Charles V. Magro Receives 108,376-Share Award
What Happened
- Charles V. Magro, CEO of Corteva, received an award/acquisition of 108,376 shares on 2026-02-24. The Form 4 reports an acquisition price of $0.00 (transaction code "A" — award/grant), so the filing shows $0 paid for the shares even though they carry market value.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (appears timely; Form 4s are due within two business days).
- Transaction type/code: A (award/grant — acquisition as compensation).
- Shares acquired: 108,376; reported acquisition price: $0.00 (total reported cost $0).
- Shares owned after transaction: not specified in the provided filing details.
- No 10b5-1, tax-withholding, or other footnotes were disclosed in the supplied data.
Context
- A code "A" award typically reflects compensation (e.g., restricted stock/RSUs or other grants) rather than an open-market purchase or sale; the $0 acquisition price on the Form 4 reflects how the award is reported, not the market value received.
- Compensation awards are common for executives and do not, by themselves, indicate a buy or sell signal from the insider.