BG Form 4: Julio Garros Acquires 328 RSUs Under LTIP
Rhea-AI Filing Summary
Form 4 summary for Bunge Global SA (BG)
Julio Garros, listed as Co-Chief Operating Officer and officer of Bunge Global SA, reported an acquisition on 09/02/2025 of 328 restricted stock units that vested under a dividend feature of the companys long-term incentive plans. The reported per-share price shown is $82.44 and the filing lists 123,844.321 shares beneficially owned following the transaction. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/04/2025. The filing indicates the acquisition is non-derivative equity (restricted stock units converting to common stock) and identifies the transaction code and plan-based nature in the explanation.
Positive
- Officer acquisition disclosed under Section 16, showing transparency in insider compensation reporting
- Transaction tied to long-term incentive plans, indicating compensation alignment with company equity programs
Negative
- No vesting or performance details provided
- Form does not clarify whether the per-share price
Insights
TL;DR: Officer acquired 328 RSUs under the LTIP; holdings increased to 123,844.321 shares, a routine, plan-based award.
The reported transaction is a non-derivative acquisition of 328 restricted stock units delivered pursuant to a dividend feature of the registrants long-term incentive plans. The filing shows a per-share price of $82.44 and reports total beneficial ownership of 123,844.321 shares after the award. This appears to be a standard compensation-related issuance rather than an open-market purchase, and the disclosure follows Section 16 reporting norms. No performance metrics, grant valuations beyond the per-share figure, or vesting schedule details are provided in the form.
TL;DR: This Form 4 documents a routine LTIP dividend-based RSU issuance to an officer; disclosure is procedural and incomplete on vesting terms.
The Form 4 clearly identifies the reporting persons role (Co-Chief Operating Officer) and discloses the acquisition date, instrument type (restricted stock units via dividend feature), quantity (328), and resulting beneficial ownership (123,844.321 shares). The explanation cites the registrants long-term incentive plans, which is appropriate; however, the filing does not include detailed vesting or forfeiture conditions, performance criteria, or grant date fair value beyond the listed price, so further plan documents would be needed for a full governance assessment.