Bunge (BG) director Kenneth Simril has 647 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunge Global SA director Kenneth Simril reported a tax-related share withholding. 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. Following this non-market transaction, Simril directly holds 8,151 shares of Bunge Global SA common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Simril Kenneth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 647 | $122.68 | $79K |
Holdings After Transaction:
Common Stock — 8,151 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 647 shares
Withholding price per share: $122.68 per share
Shares held after transaction: 8,151 shares
3 metrics
Shares withheld for taxes
647 shares
Withholding for tax liability on RSU vesting
Withholding price per share
$122.68 per share
Price used for tax-withholding disposition
Shares held after transaction
8,151 shares
Direct ownership following tax withholding
Key Terms
restricted stock units, Non-Employee Directors Equity Incentive Plan, withholding of common stock, tax liability
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.
Non-Employee Directors Equity Incentive Plan financial
"the Bunge 2017 Non-Employee Directors Equity Incentive Plan for the purpose"
withholding of common stock financial
"Withholding of common stock pursuant to the terms of the Bunge 2017"
tax liability financial
"for the purpose of the payment of tax liability incident to the vesting"
FAQ
What insider transaction did Bunge Global SA (BG) director Kenneth Simril report?
Kenneth Simril reported a tax-withholding disposition of 647 Bunge Global SA common shares. The shares were withheld to pay tax liabilities arising from the vesting and settlement of restricted stock units under the company’s 2017 Non-Employee Directors Equity Incentive Plan.
Was Kenneth Simril’s Form 4 transaction in BG stock an open-market sale?
No, the transaction was not an open-market sale. The 647 BG shares were withheld by the company to satisfy tax liabilities from restricted stock unit vesting, as permitted under the Bunge 2017 Non-Employee Directors Equity Incentive Plan.