AGCO (AGCO) SVP Engineering receives performance shares, withholds stock for taxes
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bennett Kelvin Eugene
Role
SVP Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 576 | $0.00 | -- |
| Tax Withholding | Common Stock | 256 | $124.34 | $32K |
Holdings After Transaction:
Common Stock — 19,400.46 shares (Direct)
Footnotes (1)
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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.
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.