Neppl John W 4

What Happened

• John W. Neppl, CFO of Bunge Global SA, received equity awards and had shares withheld to cover taxes. On March 15, 2026 he received 9,766 common shares in settlement of performance-based restricted stock units (PBRSUs) and was also granted 10,347 restricted stock units (RSUs). To satisfy the tax withholding on the PBRSU settlement, 9,161 shares were withheld/disposed at $125.63 per share for aggregate tax withholding of $1,150,896.
• These transactions were awards/settlements rather than open-market purchases or sales; the withholding is a routine tax payment (disposition code F), not a discretionary market sale.

Key Details

• Transaction dates: March 15, 2026; Form 4 filed March 17, 2026 (timely).
• Transactions and values:
  • Acquired 9,766 shares (PBRSU settlement) @ $0.00 (F1).
  • Withheld/disposed 9,161 shares to cover taxes @ $125.63 = $1,150,896 (F2).
  • Granted 10,347 RSUs @ $0.00 (convertible 1:1 to shares) (F3).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes of note:
  • F1: PBRSUs settled into common shares (includes dividend reinvestment).
  • F2: Withholding of shares to pay tax liability upon vesting/settlement.
  • F3: RSUs convertible into common stock; expected to vest in full on March 15, 2029.
• Filing timeliness: Filed on March 17 for March 15 transactions — appears timely.

Context

• Withholding of shares to satisfy taxes is a common administrative step when restricted stock units vest and does not necessarily reflect a decision to sell shares on the open market.
• The 10,347 RSUs are future-oriented compensation (vest expected March 15, 2029) and do not represent immediately tradeable shares until vested/settled.