| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Corteva, Inc. [ CTVA ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/01/2026 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 10/01/2026 | J | 13,315.132(1) | D | $0 | 23,379.1238 | D | |||
| Common Stock | 10/01/2026 | J | 11,083(2) | D | $0 | 34,462.1238 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Non-Qualified Stock Option (right-to-buy) | $9.94(3) | 10/01/2026 | J(4) | 14,772 | (5) | 02/28/2033 | Common Stock | 14,772 | $0 | 17,574 | D | ||||
| Non-Qualified Stock Option (right-to-buy) | $8.67(3) | 10/01/2026 | J(4) | 17,661 | (6) | 02/20/2034 | Common Stock | 17,661 | $0 | 21,011 | D | ||||
| Non-Qualified Stock Option (right-to-buy) | $10.28(3) | 10/01/2026 | J(4) | 14,393 | (7) | 02/18/2035 | Common Stock | 14,393 | $0 | 17,123 | D | ||||
| Explanation of Responses: |
| 1. On October 1, 2026, in connection with Corteva's spin-off of its Seed business (the "Spin-off"), the Reporting Person's Performance Stock Units ("PSUs") granted prior to 2026 were adjusted in accordance with the Employee Matters Agreement, dated October 1, 2026 between Corteva and Vylor Inc. ("EMA") and converted into Restricted Stock Units ("RSUs") based on attainment of performance up to the completion of the Spin-off. The RSUs remain subject to the same time-based vesting conditions as the original PSU award. This amount includes dividend equivalent units ("DEUs") associated with the converted PSUs. |
| 2. In connection with the Spin-Off, the Reporting Person's 2026 RSU award was adjusted utilizing the employer method defined under the EMA with an adjustment ratio of 6.2722 (the "Adjustment Ratio"). This amount reported represents the difference between the original grant and the grant as adjusted by the Adjustment Ratio. This amount includes DEUs associated with the converted RSUs. |
| 3. In connection with the Spin-off, the exercise price for option awards were adjusted utilizing the employer method defined under the EMA by dividing the original grant price by the Adjustment Ratio. |
| 4. In connection with the Spin-off, the number of options were adjusted utilizing the employer method defined under the EMA by multiplying the original number of options by the Adjustment Ratio. |
| 5. The original option was granted on February 28, 2023 and is now fully vested and exercisable. |
| 6. The original option was granted on February 20, 2024 and 14,005 options are vested and exercisable. The remaining options will vest on 2/20/2027. |
| 7. The original option was granted on February 18, 2025 and 5,707 options are vested and exercisable. The remaining options will vest in two equal installments on February 18, 2027 and February 18, 2028. |
| Remarks: |
| VP, Corporate Finance & Accounting Officer |
| /s/Abigail Jarrell, by power-of-attorney | 10/05/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||