Simmons Jerry Matthews JR 4
4 · Bunge Global SA · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Bunge Controller Jerry Simmons Receives Stock Awards; 1,665 Shares Withheld
What Happened
- Jerry Matthews Simmons Jr., Controller and Principal Accounting Officer of Bunge Global SA (BG), received equity awards and had shares withheld to satisfy tax obligations on March 15, 2026.
- Transactions: 1,950 common shares were received in settlement of performance-based restricted stock units (PBRSUs), and 2,387 restricted stock units (RSUs) were granted (convertible 1:1 to shares, vesting expected March 15, 2029). To cover tax withholding related to the PBRSU settlement, 1,665 shares were withheld/disposed at $125.63 per share, totaling $209,174. Net immediate shares received from the PBRSU settlement = 285 shares (1,950 − 1,665).
Key Details
- Transaction date(s): March 15, 2026; Form 4 filed March 17, 2026 (timely filing).
- Prices/values: Awards recorded at $0 (grant/settlement); withholding disposition at $125.63 per share for a total of $209,174.
- Shares involved: 1,950 PBRSU shares settled, 1,665 shares withheld for taxes (code F), and 2,387 RSUs granted (vest March 15, 2029).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = PBRSU settlement (includes dividend reinvestment); F2 = withholding to pay tax liability; F3 = RSU award vesting in 2029.
- Transaction codes: A = award/acquisition, F = withholding/disposition for tax payment.
Context
- The withholding of 1,665 shares was a tax-withholding event (routine company retention of shares) rather than an open-market sale; the insider did not necessarily choose to sell shares for liquidity or market timing.
- The 2,387 RSUs are a forward-looking award and are not immediately convertible to marketable shares until they vest (expected March 15, 2029).
- For retail investors, awards and routine tax withholdings typically reflect compensation mechanics and are not direct signals of buying/selling intent.
Insider Transaction Report
Form 4
Simmons Jerry Matthews JR
Controller, Principal Actg Off
Transactions
- Award
Common Stock
[F1]2026-03-15+1,950→ 58,170 total - Tax Payment
Common Stock
[F2]2026-03-15$125.63/sh−1,665$209,174→ 56,505 total - Award
Common Stock
[F3]2026-03-15+2,387→ 58,892 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.
Signature
/s/ Drew Yaeger, Attorney-in-Fact|2026-03-17