422,590 AGCO (NYSE: AGCO) shares sold by TAFE and subsidiary entities

Rhea-AI Filing Summary

AGCO CORP /DE reported significant insider sales by entities affiliated with a more-than-10% holder. Tractors and Farm Equipment Limited and TAFE Motors and Tractors Limited sold a combined 422,590 shares of Common Stock on May 5, 2026 at $123.2763 per share in open-market transactions. After these sales, TAFE Motors and Tractors Limited held 3,149,820 shares indirectly, and Tractors and Farm Equipment Limited held 8,577,742 shares indirectly, while Ms. Mallika Srinivasan held 23,713 shares directly. The footnotes explain that the sales were undertaken under a Cooperation Agreement between TAFE and AGCO, using a 60-trading-day volume-weighted average price ending May 4, 2026, with closing expected on the fifth business day after May 5, 2026.

Insights

Equity ownership & governance analyst

Large AGCO insider group sale appears structured under a prior agreement.

The filing shows entities affiliated with Tractors and Farm Equipment Limited, a more-than-10% holder in AGCO, selling 422,590 shares of Common Stock at $123.2763 per share. These are open-market transactions attributed to TAFE and its subsidiary TMTL, not purely personal trades by Ms. Srinivasan.

A key detail is that the sales were executed under a Cooperation Agreement between TAFE and AGCO. Pricing is based on a 60-trading-day volume-weighted average ending on May 4, 2026, referencing Rule 10b-18. This structure suggests a pre-defined framework rather than opportunistic timing.

Post-transaction, TMTL still holds 3,149,820 shares and TAFE holds 8,577,742 shares, while Ms. Srinivasan owns 23,713 shares directly. The group continues to beneficially own over 10% of AGCO’s common stock, so subsequent filings may update how this ownership level evolves under the Cooperation Agreement.

Insider Trade Summary

Net Seller: 422,590 shares ($52,095,332)

Net Sell 3 txns

Insider Tractors & Farm Equipment Ltd, TAFE Motors & Tractors Ltd, SRINIVASAN MALLIKA

Role null | null | null

Sold 422,590 shs ($52.10M)

Type	Security	Shares	Price	Value
Sale	Common Stock	309,089	$123.2763	$38.10M
Sale	Common Stock	113,501	$123.2763	$13.99M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,577,742 shares (Indirect, By Tractors and Farm Equipment Limited); Common Stock — 23,713 shares (Direct, null)

Footnotes (1)

1. This Form 4 is filed jointly by Tractors and Farm Equipment Limited ("TAFE"), TAFE Motors and Tractors Limited ("TMTL") and Ms. Mallika Srinivasan (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act") that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock (the "Common Stock"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such shares for purposes of Section 16 or for any other purpose. The sales reported herein were undertaken pursuant to Section 6 of that certain Cooperation Agreement by and between TAFE and the Issuer, dated June 30, 2025 (the "Cooperation Agreement"). Pursuant to the Cooperation Agreement, the price per share is equal to daily volume weighted average trading prices of the Common Stock as reported on the New York Stock Exchange as determined in accordance with Rule 10b-18 of the Exchange Act for each day during the sixty (60) consecutive trading day period ending on May 4, 2026. The sales reported herein are expected to close on the fifth (5th) business day following May 5, 2026. Securities owned directly by TAFE. Ms. Srinivasan is an officer of TAFE and is a beneficial owner of certain equity securities of TAFE, and may be deemed to beneficially own the securities owned by TAFE. Securities owned directly by TMTL, a wholly owned subsidiary of TAFE. As the direct parent company of TMTL, TAFE may be deemed to beneficially own the securities owned by TMTL. Ms. Srinivasan is an officer of TMTL and TAFE and is a beneficial owner of certain equity securities of TMTL and TAFE, and may be deemed to beneficially own the securities owned by TMTL. Securities owned directly by Ms. Srinivasan.

Key Figures

Total shares sold: 422,590 shares Sale price: $123.2763 per share TMTL shares sold: 113,501 shares +5 more

8 metrics

Total shares sold 422,590 shares Combined insider group sales on May 5, 2026

Sale price $123.2763 per share Open-market or private transactions on May 5, 2026

TMTL shares sold 113,501 shares TAFE Motors and Tractors Limited open-market sale

TAFE shares sold 309,089 shares Tractors and Farm Equipment Limited open-market sale

TMTL holdings after sale 3,149,820 shares Indirect ownership following May 5, 2026 transactions

TAFE holdings after sale 8,577,742 shares Indirect ownership following May 5, 2026 transactions

Mallika Srinivasan direct holdings 23,713 shares Direct Common Stock ownership after reported date

VWAP period 60 trading days Pricing period ending May 4, 2026 under Cooperation Agreement

Key Terms

Cooperation Agreement, Rule 10b-18, Section 13(d), beneficial ownership, +1 more

5 terms

Cooperation Agreement regulatory

"The sales reported herein were undertaken pursuant to Section 6 of that certain Cooperation Agreement by and between TAFE and the Issuer"

A cooperation agreement is a formal contract between two or more organizations that lays out who will do what, how resources and responsibility are shared, how benefits or costs are divided, and how disputes or exits are handled. Like two chefs agreeing on a shared recipe and kitchen duties, it matters to investors because it can create new revenue paths, shift costs or risks, affect who controls key assets or technologies, and change a company’s future growth prospects.

Rule 10b-18 regulatory

"price per share is equal to daily volume weighted average trading prices ... as determined in accordance with Rule 10b-18 of the Exchange Act"

Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.

Section 13(d) regulatory

"Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934"

beneficial ownership financial

"Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein"

Form 4 Insider Transactions: What Each Field Means →

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^*

Tractors & Farm Equipment Ltd

(Last) (First) (Middle)

OLD NO. 35, NEW NO. 77

NUNGAMBAKKAM HIGH ROAD, POTTIPATTI PLAZA

(Street)

CHENNAI 600 034

(City) (State) (Zip)

INDIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
AGCO CORP /DE [ AGCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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(1)	05/05/2026		S(2)		309,089(2)	D(2)	$123.2763(2)	8,577,742	I	By Tractors and Farm Equipment Limited(3)
Common Stock(1)	05/05/2026		S(2)		113,501(2)	D(2)	$123.2763(2)	3,149,820	I	By TAFE Motors and Tractors Limited(4)
Common Stock(1)								23,713	D(5)

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

1. Name and Address of Reporting Person^*

Tractors & Farm Equipment Ltd

(Last) (First) (Middle)

OLD NO. 35, NEW NO. 77

NUNGAMBAKKAM HIGH ROAD, POTTIPATTI PLAZA

(Street)

CHENNAI 600 034

(City) (State) (Zip)

INDIA

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

TAFE Motors & Tractors Ltd

(Last) (First) (Middle)

OLD NO. 35, NEW NO. 77

NUNGAMBAKKAM HIGH ROAD, POTTIPATTI PLAZA

(Street)

CHENNAI 600 034

(City) (State) (Zip)

INDIA

(Country)

Relationship of Reporting Person(s) to Issuer

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			See Explanation of Responses

1. Name and Address of Reporting Person^*

SRINIVASAN MALLIKA

(Last) (First) (Middle)

OLD NO. 35, NEW NO. 77

NUNGAMBAKKAM HIGH ROAD, POTTIPATTI PLAZA

(Street)

CHENNAI 600 034

(City) (State) (Zip)

INDIA

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. This Form 4 is filed jointly by Tractors and Farm Equipment Limited ("TAFE"), TAFE Motors and Tractors Limited ("TMTL") and Ms. Mallika Srinivasan (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a group for purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act") that collectively beneficially owns over 10% of the Issuer's outstanding shares of Common Stock (the "Common Stock"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or her pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of such shares for purposes of Section 16 or for any other purpose.

2. The sales reported herein were undertaken pursuant to Section 6 of that certain Cooperation Agreement by and between TAFE and the Issuer, dated June 30, 2025 (the "Cooperation Agreement"). Pursuant to the Cooperation Agreement, the price per share is equal to daily volume weighted average trading prices of the Common Stock as reported on the New York Stock Exchange as determined in accordance with Rule 10b-18 of the Exchange Act for each day during the sixty (60) consecutive trading day period ending on May 4, 2026. The sales reported herein are expected to close on the fifth (5th) business day following May 5, 2026.

3. Securities owned directly by TAFE. Ms. Srinivasan is an officer of TAFE and is a beneficial owner of certain equity securities of TAFE, and may be deemed to beneficially own the securities owned by TAFE.

4. Securities owned directly by TMTL, a wholly owned subsidiary of TAFE. As the direct parent company of TMTL, TAFE may be deemed to beneficially own the securities owned by TMTL. Ms. Srinivasan is an officer of TMTL and TAFE and is a beneficial owner of certain equity securities of TMTL and TAFE, and may be deemed to beneficially own the securities owned by TMTL.

5. Securities owned directly by Ms. Srinivasan.

Remarks:

Exhibit 24 - Power of Attorney

	Tractors and Farm Equipment Limited, By: /s/ Andrew M. Freedman, Attorney-in-Fact	05/07/2026
	TAFE Motors and Tractors Limited, By: /s/ Andrew M. Freedman, Attorney-in-Fact	05/07/2026
	Mallika Srinivasan, By: /s/ Andrew M. Freedman, Attorney-in-Fact	05/07/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions in AGCO (AGCO) are disclosed in this Form 4?

The Form 4 reports open-market sales of AGCO common stock totaling 422,590 shares. Tractors and Farm Equipment Limited and its subsidiary TAFE Motors and Tractors Limited sold these shares on May 5, 2026 at $123.2763 per share, while a separate entry updates Ms. Mallika Srinivasan’s direct holdings.

Who executed the AGCO (AGCO) share sales and how are they related?

The sales were executed by Tractors and Farm Equipment Limited and TAFE Motors and Tractors Limited. TMTL is a wholly owned subsidiary of TAFE. Ms. Mallika Srinivasan is an officer and equity holder in these entities and may be deemed to beneficially own their AGCO shares.

How many AGCO (AGCO) shares did the insider group sell and at what price?

The insider group sold 422,590 AGCO common shares at $123.2763 per share. TAFE Motors and Tractors Limited sold 113,501 shares, and Tractors and Farm Equipment Limited sold 309,089 shares, with both transactions reported as open-market or private sales on May 5, 2026.

What are the AGCO (AGCO) holdings of TAFE entities and Ms. Srinivasan after the sale?

After the reported transactions, TMTL held 3,149,820 AGCO shares and TAFE held 8,577,742 shares. Ms. Mallika Srinivasan’s direct ownership stood at 23,713 common shares, in addition to any indirect beneficial interests through TAFE and TMTL.

What is the Cooperation Agreement referenced in the AGCO (AGCO) Form 4 footnotes?

The Cooperation Agreement is an arrangement between TAFE and AGCO governing these sales. Under Section 6 of the agreement, the sale price equals a 60-day NYSE volume-weighted average ending May 4, 2026, with closing expected on the fifth business day after May 5, 2026.

Does the AGCO (AGCO) insider group still own over 10% after these sales?

The footnotes state the reporting persons collectively beneficially own over 10% of AGCO’s common stock. Each reporting person disclaims beneficial ownership beyond their pecuniary interest, but the group remains a more-than-10% holder for Exchange Act Section 13(d) purposes.