Bunge Global SA·4

Mar 17, 6:42 PM ET

Sears Kellie 4

Research Summary

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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.