Corteva CLO Jennifer Johnson Withholds 446 Shares for Taxes

What Happened

• Jennifer Amy Johnson, SVP and Chief Legal Officer of Corteva, had 446 shares withheld by the company to satisfy tax withholding obligations following the vesting of previously granted restricted stock units (RSUs). The shares were valued at $83.39 each, for a total of about $37,192. This was an administrative tax-withholding event (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (filed two days after the transaction; appears timely).
• Withheld shares: 446 at $83.39 per share; total value ≈ $37,192.
• Transaction code F indicates shares were withheld to satisfy tax obligations following vesting of RSUs.
• Footnotes: F1 — shares withheld by the issuer to pay taxes after RSU vesting; F2 — total holdings reported include 79.5200 shares acquired via dividend reinvestment.
• Shares owned after the transaction: not specified in the provided filing.

Context

• This was a tax-withholding (cashless/retention) transaction tied to RSU vesting, not a discretionary sale or market purchase. Such withholdings are routine and generally do not signal a change in the insider’s view of the company.