Corteva's 2024 Executive Compensation Details Revealed
Ticker: CTVA · Form: DEF 14A · Filed: 2025-03-21T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, executive-compensation, governance
Related Tickers: CTVA
TL;DR
Corteva dropped its 2024 proxy statement detailing exec pay, including stock awards and pension changes.
AI Summary
Corteva, Inc. filed its DEF 14A on March 21, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation, including reported changes in pension values and the fair value of equity awards granted and vested during the year. Notably, it mentions Mr. Magro and provides data on pension service costs and forfeited equity awards.
Why It Matters
This filing provides transparency into how Corteva compensates its top executives, offering insights into the company's financial priorities and governance practices.
Risk Assessment
Risk Level: low — This is a routine annual filing providing information on executive compensation and corporate governance.
Key Numbers
- 2024 — Fiscal Year (Period covered by the compensation details)
- 20250321 — Filing Date (Date the DEF 14A was submitted to the SEC)
Key Players & Entities
- Corteva, Inc. (company) — Filer of the DEF 14A
- Mr. Magro (person) — Executive mentioned in compensation details
- 2024-12-31 (date) — Fiscal year end
- 20250321 (date) — Filing date
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
What specific fiscal year does this filing cover?
This filing covers the fiscal year ending December 31, 2024.
Who is mentioned in relation to executive compensation details?
Mr. Magro is mentioned in relation to executive compensation details, specifically regarding reported stock awards and options.
What types of compensation elements are detailed in this filing?
The filing details executive compensation including reported changes in pension values, fair value of equity awards granted and vested, pension service costs, and forfeited equity awards.
When was this DEF 14A filing submitted to the SEC?
This DEF 14A filing was submitted to the SEC on March 21, 2025.
From the Filing
0000950170-25-043278.txt : 20250321 0000950170-25-043278.hdr.sgml : 20250321 20250321164138 ACCESSION NUMBER: 0000950170-25-043278 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 368 CONFORMED PERIOD OF REPORT: 20250430 FILED AS OF DATE: 20250321 DATE AS OF CHANGE: 20250321 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Corteva, Inc. CENTRAL INDEX KEY: 0001755672 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 824979096 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38710 FILM NUMBER: 25761100 BUSINESS ADDRESS: STREET 1: 9330 ZIONSVILLE ROAD CITY: INDIANAPOLIS STATE: IN ZIP: 46268 BUSINESS PHONE: (833) 267-8382 MAIL ADDRESS: STREET 1: 9330 ZIONSVILLE ROAD CITY: INDIANAPOLIS STATE: IN ZIP: 46268 DEF 14A 1 ctva-20250321.htm DEF 14A DEF 14A 0001755672 false DEF 14A 0001755672 3 2024-01-01 2024-12-31 0001755672 ecd:NonPeoNeoMember ctva:SctReportedChangeInPensionValueMember 2024-01-01 2024-12-31 0001755672 2021-01-01 2021-12-31 0001755672 ctva:Mr.MagroMember 2021-11-01 2021-12-31 0001755672 ctva:Mr.MagroMember ctva:SctReportedStockAwardAndOptionValueMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 ecd:NonPeoNeoMember ctva:FairValueOfEquityAwardsGrantedDuring2024ThatAreOutstandingAndUnvestedAtEndOfTheCoveredYearMember 2024-01-01 2024-12-31 0001755672 1 2024-01-01 2024-12-31 0001755672 2 2024-01-01 2024-12-31 0001755672 2024-01-01 2024-12-31 0001755672 ecd:NonPeoNeoMember ctva:PensionValueServiceCostMember 2024-01-01 2024-12-31 0001755672 ctva:FairValueOfEquityAwardsGrantedInPriorYearThatWereForfeitedDuringTheCoveredYearMember ctva:Mr.MagroMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 2023-01-01 2023-12-31 0001755672 ecd:NonPeoNeoMember ctva:FairValueAtVestingDateOfAwardsGrantedAndVestedDuringTheCoveredYearMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember 2023-01-01 2023-12-31 0001755672 ctva:Mr.CollinsMember 2023-01-01 2023-12-31 0001755672 ctva:Mr.CollinsMember 2020-01-01 2020-12-31 0001755672 ctva:Mr.CollinsMember 2021-01-01 2021-10-31 0001755672 2020-01-01 2020-12-31 0001755672 ecd:NonPeoNeoMember ctva:SctReportedStockAwardAndOptionValueMember 2024-01-01 2024-12-31 0001755672 ecd:NonPeoNeoMember ctva:FairValueOfEquityAwardsGrantedInAnyPriorYearThatAreOutstandingAndUnvestedAtEndOfTheCoveredYearMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.CollinsMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember ecd:PeoMember ctva:FairValueOfEquityAwardsGrantedDuring2024ThatAreOutstandingAndUnvestedAtEndOfTheCoveredYearMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.CollinsMember 2022-01-01 2022-12-31 0001755672 ctva:Mr.MagroMember ctva:PensionValueServiceCostMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.CollinsMember 2021-01-01 2021-12-31 0001755672 ctva:Mr.MagroMember ctva:ChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheCoveredYearMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember ctva:FairValueOfEquityAwardsGrantedInAnyPriorYearThatAreOutstandingAndUnvestedAtEndOfTheCoveredYearMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember 2020-01-01 2020-12-31 0001755672 ecd:NonPeoNeoMember ctva:FairValueOfEquityAwardsGrantedInPriorYearThatWereForfeitedDuringTheCoveredYearMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember 2021-01-01 2021-12-31 0001755672 ecd:NonPeoNeoMember ctva:ChangeInFairValueOfEquityAwardsGrantedInPriorYearsThatVestedDuringTheCoveredYearMember 2024-01-01 2024-12-31 0001755672 2022-01-01 2022-12-31 0001755672 ctva:Mr.MagroMember ctva:FairValueAtVestingDateOfAwardsGrantedAndVestedDuringTheCoveredYearMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember ctva:SctReportedChangeInPensionValueMember ecd:PeoMember 2024-01-01 2024-12-31 0001755672 ctva:Mr.MagroMember 2022-