Corteva CEO Charles V. Magro Withholds 4,958 Shares for Taxes

What Happened

• Charles V. Magro, CEO of Corteva, reported a tax-withholding disposition on 2/28/2026 in which 4,958 shares were withheld (disposed) to satisfy taxes following the vesting of previously granted restricted stock units. The withholding used an effective price of $80.12 per share, for a total value of approximately $397,235. This was a routine tax-withholding event, not an open-market sale.

Key Details

• Transaction date and price: 2026-02-28 at $80.12 per share
• Shares withheld/disposed: 4,958; total value ≈ $397,235
• Transaction code/footnote: F (tax withholding); F1 notes shares were withheld by the issuer to pay taxes after RSU vesting
• Shares owned after transaction: not specified in the provided filing
• Filing date: Form 4 filed 2026-03-02 reporting the 2/28/2026 transaction (no late-filing indication in the summary provided)

Context

• Withholding of shares to cover tax obligations is a common, administrative action following RSU vesting and does not represent an open-market sale or a directional bet by the insider. Such transactions are typically less informative about insider sentiment than purchases or open-market sales.