Podwika Joseph 4

What Happened

• Joseph Podwika, Chief Legal Officer of Bunge Global SA (BG), was credited with equity awards and had shares withheld to satisfy tax obligations on March 15, 2026. The filing shows: 5,858 common shares received in settlement of performance-based restricted stock units (PBRSUs) (reported as acquired at $0), an award of 5,571 restricted stock units (RSUs) (reported as acquired at $0), and 5,074 shares disposed at $125.63 per share (total value $637,447) as tax withholding.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely).
• Awards: 5,858 shares from PBRSU settlement (F1) and 5,571 RSUs (F3). RSUs convert 1:1 to common shares; the RSUs are expected to vest in full on March 15, 2029.
• Withholding: 5,074 shares withheld at $125.63/share for $637,447 to cover tax liability (code F; F2 explains withholding per plan terms).
• Reported prices: awards reported at $0.00 (typical for grants); withholding reported at $125.63/share.
• Shares owned after transaction: not specified in this filing.
• Transaction codes: A = award/acquisition; F = withholding for taxes (not an open-market sale).

Context

• PBRSUs and RSUs are compensation awards: PBRSUs are performance-based and the PBRSU entry here represents shares received at settlement (including dividend reinvestment); RSUs vest in the future (2029) and are not immediate purchases or sales. The withheld shares were used to pay taxes, a routine administrative action rather than a signal of market intent.