Corteva, Inc.: completes separation of Vylor Inc.

What happened Corteva, Inc. filed an 8-K reporting that at 12:03 a.m., New York City time, on Oct 1, 2026, it completed its previously announced separation of the Company’s seed operating segment into an independent, publicly traded company, Vylor Inc., through a pro rata distribution of all of the outstanding shares of Vylor common stock to holders of Corteva common stock as of the close of business on Sep 24, 2026 (the "Distribution"). Vylor common stock commenced regular-way trading on the New York Stock Exchange under the symbol "VYLR" on Oct 1, 2026.

Key details

• The Distribution took effect at 12:03 a.m., New York City time, on Oct 1, 2026; the record date was the close of business on Sep 24, 2026.
• On Sep 29, 2026, Corteva, Vylor and, solely for specified purposes, EIDP, Inc. entered into a Separation and Distribution Agreement.
• On Oct 1, 2026, Corteva and/or certain affiliates entered into agreements with Vylor and/or affiliates, including a Tax Matters Agreement, an Employee Matters Agreement, a Reverse Transition Services Agreement, an Intellectual Property Matters Agreement, and a Global Master Seed Treatment Supply Agreement.
• Summaries of those agreements appear in Vylor’s information statement dated Sep 24, 2026, which was filed as Exhibit 99.1 to Vylor’s Form 8-K filed Sep 25, 2026.

Why it may matter

• Item 1.01 (Entry into a material definitive agreement) reports the agreements entered into between Corteva, Vylor and related parties in connection with the Separation.
• Item 2.01 (Completion of acquisition or disposition of assets) reports that the Distribution was effected and the separation of the seed operating segment was completed.
• Item 9.01 (Financial statements and exhibits) notes the filing of related agreements as exhibits to the Form 8-K.
  The filing does not show why the insider traded or why the company acted.