Bunge (NYSE: BG) director covers RSU taxes with 553 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunge Global SA director Anne Jensen reported a routine tax-related share disposition. On the vesting and settlement of restricted stock units under the Bunge 2017 Non-Employee Directors Equity Incentive Plan, 553 shares of common stock were withheld at $122.68 per share to cover tax liabilities. After this tax-withholding transaction, Jensen directly owns 1,657 shares of Bunge common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jensen Anne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 553 | $122.68 | $68K |
Holdings After Transaction:
Common Stock — 1,657 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 553 shares
Withholding price: $122.68 per share
Shares held after transaction: 1,657 shares
3 metrics
Tax-withheld shares
553 shares
Shares withheld to cover tax liability on RSU vesting
Withholding price
$122.68 per share
Value used for 553 withheld shares
Shares held after transaction
1,657 shares
Anne Jensen’s direct Bunge common stock holdings post-transaction
Key Terms
tax-withholding disposition, restricted stock units, Bunge 2017 Non-Employee Directors Equity Incentive Plan
3 terms
tax-withholding disposition financial
"reported a routine tax-related share disposition"
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
"vesting and settlement of restricted stock units under the Bunge 2017"
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"
FAQ
What insider transaction did Bunge (BG) director Anne Jensen report?
Anne Jensen reported a tax-withholding disposition of 553 Bunge common shares. These shares were withheld to cover tax liabilities tied to vesting restricted stock units, rather than being sold in the open market. She continues to hold 1,657 common shares directly.
Was Anne Jensen’s Form 4 transaction in Bunge (BG) an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 553 shares were withheld by Bunge at vesting of restricted stock units to pay taxes, a standard administrative process for equity compensation, with Jensen retaining 1,657 shares afterward.
What role did restricted stock units play in Anne Jensen’s Bunge (BG) transaction?
The transaction stems from vesting and settlement of restricted stock units granted under Bunge’s 2017 Non-Employee Directors Equity Incentive Plan. When these RSUs vested, 553 resulting shares were withheld to pay associated tax liabilities, which is common for equity-based director compensation.