Bunge director reports tax-withholding share disposition
Bunge Global SA director Mark N. Zenuk reported a routine tax-related share disposition tied to equity compensation.
Rhea-AI Filing Summary
Bunge Global SA director Mark N. Zenuk reported a routine tax-related share disposition tied to equity compensation. On the vesting and settlement of restricted stock units under the Bunge 2017 Non-Employee Directors Equity Incentive Plan, 1,213 shares of common stock were withheld at $122.68 per share to cover tax liabilities. Following this tax-withholding disposition, Zenuk directly owned 20,686 common shares and indirectly held 6,500 shares through the Zenuk Family Living Trust u/a/d 09/01/2015.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,213 shares
Exercise Price or Tax Liability
2 txns
Insider
Zenuk Mark N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,213 | $122.68 | $149K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,686 shares (Direct);
Common Stock — 6,500 shares (Indirect, Zenuk Family Living Trust u/a/d 09/01/2015)
Footnotes (1)
- F1. Withholding of common stock pursuant to the terms of the Bunge 2017 Non-Employee Directors Equity Incentive Plan for the purpose of the payment of tax liability incident to the vesting and settlement of restricted stock units.
Key Figures
Tax-withholding shares: 1,213 shares
Withholding price: $122.68 per share
Direct holdings after transaction: 20,686 shares
+1 more
4 metrics
Tax-withholding shares
1,213 shares
Common stock withheld for tax liability on RSU vesting
Withholding price
$122.68 per share
Value of Bunge common stock used for tax withholding
Direct holdings after transaction
20,686 shares
Bunge common stock directly owned by Mark N. Zenuk after Form 4
Indirect holdings after transaction
6,500 shares
Bunge common stock held via Zenuk Family Living Trust
Key Terms
tax-withholding disposition, restricted stock units, Bunge 2017 Non-Employee Directors Equity Incentive Plan, indirect ownership
4 terms
tax-withholding disposition financial
"Tax-withholding disposition of 1,213 common shares to pay tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"Tax liability incident to the vesting and settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Bunge 2017 Non-Employee Directors Equity Incentive Plan financial
"Pursuant to the terms of the Bunge 2017 Non-Employee Directors Equity Incentive Plan"
indirect ownership financial
"Indirect ownership through Zenuk Family Living Trust u/a/d 09/01/2015"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Bunge (BG) director Mark N. Zenuk report?
Mark N. Zenuk reported a tax-withholding disposition of 1,213 Bunge common shares. The shares were withheld to pay taxes due on the vesting and settlement of restricted stock units under Bunge’s 2017 Non-Employee Directors Equity Incentive Plan.
Was Mark N. Zenuk’s Bunge (BG) transaction an open-market sale?
No, the filing shows a tax-withholding disposition coded “F,” not an open-market sale. Shares were withheld by Bunge to satisfy tax obligations from restricted stock unit vesting, a mechanical step within the equity compensation plan rather than a discretionary market trade.
What is the role of restricted stock units in this Bunge (BG) Form 4?
The restricted stock units vested and settled into Bunge shares, triggering a tax obligation. To cover this liability, 1,213 common shares were withheld pursuant to the Bunge 2017 Non-Employee Directors Equity Incentive Plan, as explained in the filing’s footnote disclosure.
How does the Bunge 2017 Non-Employee Directors Equity Incentive Plan affect this Form 4?
The plan governs equity awards to non-employee directors, including restricted stock units. In this case, vested units settled into shares, and 1,213 Bunge common shares were withheld under the plan’s terms to pay Mark N. Zenuk’s related tax liability.
AI-generated analysis. How Rhea-AI works. Not financial advice.
