Bunge (NYSE: BG) director reports 647-share tax withholding after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunge Global SA director Monica Houle McGurk 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, 647 shares of common stock were withheld at $122.68 per share to cover tax liabilities. After this non‑open‑market withholding, she directly holds 5,425 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McGurk Monica Houle
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 647 | $122.68 | $79K |
Holdings After Transaction:
Common Stock — 5,425 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 647 shares
Withholding price: $122.68 per share
Shares held after transaction: 5,425 shares
+1 more
4 metrics
Shares withheld for taxes
647 shares
Tax withholding on RSU vesting, common stock
Withholding price
$122.68 per share
Value used for tax-withholding disposition
Shares held after transaction
5,425 shares
Direct common stock ownership following withholding
Tax-withholding shares total
647 shares
transactionSummary taxWithholdingShares
Key Terms
restricted stock units, tax-withholding disposition, Non-Employee Directors Equity Incentive Plan, beneficial ownership
4 terms
restricted stock units financial
"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.
tax-withholding disposition financial
"transaction_action: tax-withholding 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.
Non-Employee Directors Equity Incentive Plan financial
"Bunge 2017 Non-Employee Directors Equity Incentive Plan"
beneficial ownership financial
"tax liability incident to the vesting and settlement of restricted stock units"
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.
FAQ
What did Bunge (BG) director Monica Houle McGurk report in this Form 4?
Monica Houle McGurk reported a tax-related disposition of Bunge shares. 647 common shares were withheld to satisfy tax liabilities from vesting restricted stock units, a routine administrative event rather than an open-market trade, leaving her with 5,425 shares directly held.
Does this Bunge (BG) Form 4 indicate an open-market sale by the director?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Bunge to pay tax liabilities upon RSU vesting, which is a standard compensation mechanism rather than a voluntary decision to sell shares on the market.