Garros Julio 4
4 · Bunge Global SA · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Bunge (BG) COO Julio Garros Receives Awards; Withholds Shares
What Happened Julio Garros, Chief Operating Officer of Bunge Global SA (BG), received equity awards on March 15, 2026 and had shares withheld to satisfy tax obligations. The filing shows 7,811 common shares credited in settlement of performance-based restricted stock units (PBRSUs) and an award of 11,143 restricted stock units (RSUs). Separately, 4,576 shares were withheld/disposed at $125.63 per share to cover the tax liability, a withholding value of $574,883. These events reflect award settlement and standard tax withholding rather than an open-market investment decision.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (within typical 2-business-day window).
- Awards/acquisitions: 7,811 shares (PBRSU settlement) and 11,143 RSUs granted/awarded — both recorded at $0.00 acquisition price (award).
- Tax withholding (disposition): 4,576 shares withheld at $125.63 per share for a tax liability of $574,883.
- Shares owned after the transactions: not disclosed in this filing.
- Footnotes:
- F1: 7,811 shares represent common shares received on settlement of PBRSUs (includes dividend reinvestment).
- F2: 4,576-share withholding pursuant to the plan to pay tax liabilities on vesting/settlement.
- F3: 11,143 RSUs — one RSU converts to one share; these RSUs are expected to vest in full on March 15, 2029.
- Transaction codes in the filing: A = award/acquisition; F = tax withholding/disposition.
Context This filing mainly documents compensation-related equity awards and routine tax withholding. PBRSU settlement and RSU grants are compensation and not purchases that signal a personal cash outlay by the insider. The withholding of shares to cover taxes is common and does not necessarily indicate an open-market sale for investment purposes.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-15+7,811→ 135,842.321 total - Tax Payment
Common Stock
[F2]2026-03-15$125.63/sh−4,576$574,883→ 131,266.321 total - Award
Common Stock
[F3]2026-03-15+11,143→ 142,409.321 total
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]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.