Bunge Global (BG) controller receives RSU grants and settles tax via share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunge Global SA Controller and Principal Accounting Officer Jerry Matthews Simmons Jr. reported routine equity compensation activity. He received 1,950 common shares on March 15, 2026 from settlement of performance-based restricted stock units granted under the Bunge 2024 Long-Term Incentive Plan, which includes a dividend reinvestment feature. On the same date, 1,665 shares were withheld at $125.63 per share to cover tax liabilities related to vesting and settlement of restricted stock units, a non-market disposition. He also received an additional award of 2,387 restricted stock units, each convertible into one common share, expected to vest in full on March 15, 2029. Following these transactions, he directly holds 56,505 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Simmons Jerry Matthews JR
Role
Controller, Principal Actg Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,950 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,665 | $125.63 | $209K |
| Grant/Award | Common Stock | 2,387 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 58,170 shares (Direct)
Footnotes (1)
- Represents common shares received on March 15, 2026 in settlement of performance-based restricted stock units ("PBRSUs") granted under the Bunge 2024 Long-Term Incentive Plan (formerly known as the Bunge 2016 Equity Incentive Plan) inclusive of a dividend reinvestment feature. Withholding of common stock pursuant to the terms of the Bunge 2024 Long-Term Incentive Plan for the purpose of the payment of tax liability incident to the vesting and settlement of restricted stock units. Represents an award of Restricted Stock Units ("RSUs"). One RSU is convertible into one share of Bunge Global SA common stock. RSUs are expected to vest in full on March 15, 2029.
FAQ
What insider transactions did Bunge Global SA (BG) report for Jerry Matthews Simmons Jr.?
The filing shows Jerry Matthews Simmons Jr. received 1,950 common shares from performance-based RSUs and an additional 2,387 RSUs, while 1,665 shares were withheld to cover tax liabilities related to vesting and settlement of restricted stock units.
What are the terms of the new RSU award reported by Bunge Global SA (BG)?
The new award consists of 2,387 restricted stock units, with each RSU convertible into one share of Bunge Global SA common stock. According to the filing, these RSUs are expected to vest in full on March 15, 2029, subject to plan terms.
What does the performance-based RSU settlement mean for Bunge Global SA (BG) insider holdings?
The settlement delivered 1,950 common shares to Jerry Matthews Simmons Jr., reflecting performance-based RSUs earned under the Bunge 2024 Long-Term Incentive Plan. This increases his direct equity stake, complementing the new RSU grant that is scheduled to vest in 2029.
Does this Bunge Global SA (BG) Form 4 indicate any option exercises or derivative positions?
The filing does not report any option exercises or other derivative security transactions. The derivative summary is empty, and all reported activity involves common stock related to restricted stock units, awards, and associated tax withholding under the company’s long-term incentive plan.