Bunge (NYSE: BG) CLO reports RSU vesting, tax withholding and new 2029 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunge Global SA Chief Legal Officer Joseph Podwika reported equity compensation changes, not open-market trades. On March 15, 2026, he received 5,858 common shares upon settlement of performance-based restricted stock units granted under the Bunge 2024 Long-Term Incentive Plan, which included a dividend reinvestment feature. On the same date, 5,074 shares were withheld at 125.63 per share to cover tax liabilities tied to vesting and settlement of restricted stock units. He also received a grant of 5,571 restricted stock units, each convertible into one common share, which are expected to vest in full on March 15, 2029. Following these transactions, Podwika directly owns 92,002 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Podwika Joseph
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,858 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,074 | $125.63 | $637K |
| Grant/Award | Common Stock | 5,571 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 91,505 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 Joseph Podwika?
Bunge Global SA reported that Chief Legal Officer Joseph Podwika received 5,858 common shares from vested performance-based RSUs and a new grant of 5,571 RSUs. The filing also shows 5,074 shares withheld to cover tax obligations related to RSU vesting and settlement.
Were Joseph Podwika’s Bunge (BG) transactions open-market stock purchases or sales?
The transactions were compensation-related, not open-market trades. Shares were received from vesting performance-based RSUs and a new RSU grant, while 5,074 shares were withheld to pay taxes. The filing does not show discretionary buying or selling on the open market by Podwika.
What is the nature of the new RSU award to Joseph Podwika at Bunge (BG)?
Podwika received an award of 5,571 restricted stock units, each convertible into one common share of Bunge Global SA. According to the footnote, these RSUs are expected to vest in full on March 15, 2029, under the Bunge 2024 Long-Term Incentive Plan.
What is the Bunge 2024 Long-Term Incentive Plan mentioned in Joseph Podwika’s Form 4?
The Bunge 2024 Long-Term Incentive Plan, formerly the Bunge 2016 Equity Incentive Plan, governs Podwika’s performance-based RSUs and new RSU grant. It provides for equity compensation, including dividend reinvestment features and tax-withholding of shares when awards vest and settle in common stock.