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# Corteva CEO Magro Is Credited With 834,808.987 Vylor Shares In Spin-Off, Form 4 Shows
- URL: https://www.bullished.co/corteva-ceo-magro-is-credited-with-834-808-987-vylor-shares-in-spin-off-form-4-shows-f66d1c2d/
- Published: 2026-10-06T01:35:56.000Z
- Updated: 2026-10-06T01:35:56.000Z
- Description: The filing records spin-off mechanics, not an open-market purchase, and his Corteva options were converted into Vylor options.
- Author: Matteo Parrino
- Tags: Insider Trades, VYLR, Industry: Not classified

Corteva CEO Charles V. Magro received [834,808.987 shares](https://www.sec.gov/Archives/edgar/data/0001893081/000122520826008269/xslF345X06/doc4.xml?ref=bullished.co) of [Vylor](https://www.bullished.co/tag/vylr/) common stock on Thursday, according to a Form 4 filed Monday. The shares came through the spin-off distribution, so this was not a purchase.

## What the Form 4 says

The filing reports the shares under code J, held directly. Magro held 834,808.987 shares afterward on that line, valued at about $61.2 million at current prices.

A footnote explains the ratio: one Vylor share was paid for each Corteva share held.

His Corteva options were also converted. The filing shows four Vylor option grants, with strike prices from $45 to $57.22.

One filing footnote says 36,751 options in one converted grant are already vested and exercisable. The remainder vest on a later date.

## What it changes

Magro now holds Vylor stock directly and Vylor options in place of the Corteva awards that were converted. None of it involved a market trade, so the filing says nothing about his view of the stock.

VYLR shares traded at $72.00 in Monday after-hours trading, down about 2% from the regular close of $73.33 (market data).

## What to watch

Further Form 4 filings from Magro would show whether he sells any of the Vylor shares he received in the spin-off.

Any sale would have to appear in a new Form 4; this one records only the distribution and the option conversion.

### Sources

- [Form 4 — Charles V. Magro (VYLR)](https://www.sec.gov/Archives/edgar/data/0001893081/000122520826008269/xslF345X06/doc4.xml?ref=bullished.co) — SEC EDGAR

### More on Vylor

- [Vylor Enters The S&P 500 On Its First Day Of Trading, Inheriting Corteva's Slot After Thursday's Spin-Off](https://www.bullished.co/vylor-enters-the-s-and-p-500-on-its-first-day-of-trading-inheriting-cortevas-slot-after-768e1fd6/)

[All Vylor (VYLR) coverage →](https://www.bullished.co/tag/vylr/)