Sears Kellie 4
4 · Bunge Global SA · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Bunge (BG) CHRO Kellie Sears Receives Awards; Shares Withheld for Taxes
What Happened
Kellie Sears, Chief Human Resources Officer of Bunge Global SA, received stock awards on March 15, 2026 and had shares withheld to cover tax obligations. Specifically, 3,905 shares were issued in settlement of performance-based restricted stock units (PBRSUs) and 5,571 restricted stock units (RSUs) were awarded (both recorded as acquisitions at $0). At the same time, 3,465 shares were withheld/ disposed to satisfy tax withholding at a reported value of $125.63 per share, totaling about $435,308. The withholding represents satisfaction of tax liability rather than an open-market sale.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (within the typical 2-business-day reporting window).
- Acquisitions: 3,905 shares (PBRSU settlement) @ $0; 5,571 RSUs @ $0.
- Withholding (disposition code F): 3,465 shares @ $125.63 = $435,308 (used to pay tax liability).
- Shares owned after the transactions: not provided in the excerpt supplied.
- Footnotes: F1 = PBRSUs settled (includes dividend reinvestment); F2 = withholding of shares to pay taxes under the company plan; F3 = RSUs awarded, 1 RSU = 1 share, expected to vest in full on March 15, 2029.
Context
This filing documents equity compensation vesting/settlement and routine tax withholding—not an open-market sale or option exercise. PBRSUs are performance-based and RSUs are time-vesting awards (RSUs here vest in 2029), so these entries reflect standard executive compensation mechanics rather than a directional trade signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-15+3,905→ 29,542 total - Tax Payment
Common Stock
[F2]2026-03-15$125.63/sh−3,465$435,308→ 26,077 total - Award
Common Stock
[F3]2026-03-15+5,571→ 31,648 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.