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AGCO (AGCO) SVP Engineering receives performance shares, withholds stock for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

AGCO Corporation SVP of Engineering Kelvin Eugene Bennett reported routine equity compensation activity. On February 5, 2026, he received 576 shares of common stock at $0 per share, issued after the 2023–2025 performance cycle vested at a 23.9% level.

On the same day, 256 shares of common stock were disposed of at $124.34 per share, typically a tax withholding transaction, leaving Bennett with 19,144.46 directly owned shares of AGCO common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Bennett Kelvin Eugene

(Last) (First) (Middle)
4205 RIVER GREEN PARKWAY

(Street)
DULUTH GA 30096

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AGCO CORP /DE [ AGCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP Engineering
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 02/05/2026 A 576(1) A $0 19,400.46 D
Common Stock 02/05/2026 F 256 D $124.34 19,144.46 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Explanation of Responses:
1. Represents the number of shares issued to the reporting person upon completion of the 2023 - 2025 performance cycle based upon satisfaction of the vesting criteria for a performance based award at the 23.9% level.
Remarks:
/s/ Kinsha O. Swain Attorney-in-Fact 02/09/2026
** 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.

FAQ

What insider transactions did AGCO (AGCO) report for SVP Engineering Bennett?

AGCO reported that SVP Engineering Kelvin Eugene Bennett acquired 576 shares of common stock at $0 per share and had 256 shares withheld at $124.34 per share, leaving him with 19,144.46 directly owned AGCO shares after these transactions.

Why did AGCO SVP Engineering Bennett receive 576 AGCO shares?

Bennett received 576 AGCO shares upon completion of the 2023–2025 performance cycle. The shares reflect satisfaction of vesting criteria for a performance-based award that ultimately vested at the 23.9% level, resulting in this stock issuance to him.

What does the 256-share disposition by AGCO SVP Bennett represent?

The 256-share disposition at $124.34 per share is coded as an F transaction, commonly used for shares withheld to cover taxes upon vesting. After this withholding transaction, Bennett’s directly owned AGCO common stock position stood at 19,144.46 shares.

How many AGCO shares does SVP Engineering Bennett own after these transactions?

Following the February 5, 2026 equity transactions, SVP Engineering Kelvin Eugene Bennett directly owns 19,144.46 AGCO common shares. This figure reflects the 576-share performance award issuance and the 256-share withholding disposition recorded on the same date.

What performance period is tied to Bennett’s AGCO stock award vesting?

The 576-share issuance to Bennett is tied to AGCO’s 2023–2025 performance cycle. The award vested based on achieving the performance-based criteria at a 23.9% level, which determined the final number of shares delivered to him under the plan.
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10.33B
61.89M
16.88%
94.86%
3.5%
Farm & Heavy Construction Machinery
Farm Machinery & Equipment
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United States
DULUTH