Bunge (BG) director Mahoney has 553 shares withheld to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunge Global SA director Christopher Mahoney reported a routine tax-related share withholding. 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 liability. Following this non-market transaction, Mahoney directly holds 6,657 shares of Bunge common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mahoney Christopher
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 553 | $122.68 | $68K |
Holdings After Transaction:
Common Stock — 6,657 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 553 shares
Withholding price per share: $122.68 per share
Shares held after transaction: 6,657 shares
3 metrics
Shares withheld for taxes
553 shares
Tax-withholding disposition on restricted stock unit vesting
Withholding price per share
$122.68 per share
Valuation used for the 553 withheld shares
Shares held after transaction
6,657 shares
Direct Bunge common stock holdings following withholding
Key Terms
restricted stock units, tax liability, Non-Employee Directors Equity Incentive Plan, withholding of common stock
4 terms
restricted stock units financial
"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.
tax liability financial
"for the purpose of the payment of tax liability incident to the vesting"
Non-Employee Directors Equity Incentive Plan financial
"pursuant to the terms of the Bunge 2017 Non-Employee Directors Equity Incentive Plan"
withholding of common stock financial
"Withholding of common stock pursuant to the terms of the Bunge 2017"
FAQ
What did Bunge (BG) director Christopher Mahoney report on this Form 4?
Christopher Mahoney reported a tax-withholding disposition of Bunge common stock. 553 shares were withheld to cover taxes triggered by the vesting and settlement of restricted stock units under Bunge’s 2017 Non-Employee Directors Equity Incentive Plan.
Was the Bunge (BG) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 553 shares were withheld by the company to satisfy tax liability arising from restricted stock units vesting, a standard administrative process rather than a discretionary sale in the market.
What equity plan is referenced in Christopher Mahoney’s Bunge (BG) Form 4?
The transaction is tied to the Bunge 2017 Non-Employee Directors Equity Incentive Plan. Shares were withheld under this plan to pay tax liability associated with the vesting and settlement of restricted stock units granted to Mahoney as a non-employee director.