AGCO CEO Eric Hansotia Withholds 1,604 Shares for Taxes
$AGCO · AGCO CORP /DEResearch Summary
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AGCO CEO Eric Hansotia Withholds 1,604 Shares for Taxes
What Happened
Eric P. Hansotia, Chairman, President & CEO (and Director) of AGCO Corp. (AGCO), had 1,604 shares withheld to cover FICA tax liabilities in connection with an equity exercise. The shares were valued at $115.29 each, for a total of $184,925. The transaction is reported as a disposal (tax withholding) under code F.
Key Details
- Transaction date: April 20, 2026 (Period of Report); amendment filed August 11, 2026.
- Transaction type/code: Tax withholding related to an exercise (F).
- Shares withheld/disposed: 1,604 shares at $115.29 per share — total value $184,925.
- Shares owned after transaction: Not disclosed in the information provided.
- Filing status: This is an AMENDED Form 4 — the amendment corrects the number of shares withheld for FICA taxes (footnote F1) and updates subsequent reports accordingly.
- Market signal: Withholding to pay taxes is routine and not the same as an open-market sale.
Context
Code F indicates shares were surrendered/withheld to satisfy tax withholding obligations arising from an equity award exercise. Such withholding is a common administrative step (often a cashless or share-surrender portion of an exercise) and should not be interpreted as a deliberate market-sale decision by the insider. The amendment simply fixes an earlier administrative error about the withholding amount.