AGCO (NYSE: AGCO) SVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGCO Corporation executive Luis Fernando Sartini, SVP GM Massey Ferguson, reported tax-related share withholdings on Form 4. On January 29 and 30, 2026, a total of 866 shares of AGCO common stock were withheld at prices between $113.41 and $114.33 to cover taxes on previously granted restricted stock units.
After these transactions, Sartini directly beneficially owned 19,474 AGCO common shares. The filing clarifies that each transaction (332, 282, and 252 shares) reflects shares withheld for taxes on restricted stock units awarded in 2025, 2024, and 2023, rather than discretionary open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Felli Luis Fernando Sartini
Role
SVP GM Massey Ferguson
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 282 | $113.41 | $32K |
| Tax Withholding | Common Stock | 252 | $113.41 | $29K |
| Tax Withholding | Common Stock | 332 | $114.33 | $38K |
Holdings After Transaction:
Common Stock — 19,726 shares (Direct)
Footnotes (1)
- Represents the number of shares withheld for taxes on restricted stock units awarded on January 29, 2025. Represents the number of shares withheld for taxes on restricted stock units awarded on January 31, 2024. Represents the number of shares withheld for taxes on restricted stock units awarded on January 30, 2023.
FAQ
What did AGCO (AGCO) executive Luis Fernando Sartini report on this Form 4?
Luis Fernando Sartini reported that 866 AGCO common shares were withheld to cover taxes on vesting restricted stock units. The transactions occurred on January 29 and 30, 2026 and were coded as tax withholdings rather than discretionary open-market sales.
Were the AGCO (AGCO) Form 4 transactions open-market stock sales?
No, the transactions were not open-market sales. The Form 4 explains that the reported share amounts represent stock withheld to satisfy tax obligations on previously granted restricted stock units as they vested, using transaction code F for tax withholding.
What does transaction code "F" mean on the AGCO (AGCO) Form 4?
Transaction code “F” on the Form 4 indicates shares withheld to pay taxes upon vesting of equity awards. In this case, AGCO used share withholding on restricted stock units rather than requiring separate cash payments for the associated tax liabilities.
Which AGCO (AGCO) restricted stock unit awards were affected by these tax withholdings?
The filing states that shares were withheld for taxes on restricted stock units awarded on January 29, 2025, January 31, 2024, and January 30, 2023. Each corresponding vesting event led to a separate tax-withholding transaction reported on the Form 4.
What role does Luis Fernando Sartini hold at AGCO (AGCO)?
Luis Fernando Sartini is identified as an officer of AGCO, serving as Senior Vice President and General Manager for Massey Ferguson. The Form 4 lists him as the sole reporting person, with all reported AGCO common stock holdings shown as directly owned.