Felli Luis Fernando Sartini 4
Research Summary
AI-generated summary
AGCO SVP Luis F. Sartini Sells Shares to Cover Taxes
What Happened Luis Fernando Sartini, Senior VP and GM of Massey Ferguson at AGCO (AGCO), had a total of 866 shares disposed to satisfy tax withholding on vested restricted stock units (RSUs). The disposals occurred on Jan 29–30, 2026: 332 shares at $114.33 ($37,958), 282 shares at $113.41 ($31,982), and 252 shares at $113.41 ($28,579), for aggregate proceeds of approximately $98,519. These were tax-withholding share dispositions (routine), not open-market purchases.
Key Details
- Transaction dates and prices:
- 2026-01-29: 332 shares @ $114.33 — $37,958 (withheld for taxes)
- 2026-01-30: 282 shares @ $113.41 — $31,982 (withheld for taxes)
- 2026-01-30: 252 shares @ $113.41 — $28,579 (withheld for taxes)
- Total shares disposed: 866; total proceeds: ~$98,519.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes (tax withholding origins):
- F1: Withheld for taxes on RSUs awarded Jan 29, 2025.
- F2: Withheld for taxes on RSUs awarded Jan 31, 2024.
- F3: Withheld for taxes on RSUs awarded Jan 30, 2023.
- Filing date: Form filed Feb 2, 2026 (no late-filing indication provided in the supplied data).
Context These transactions represent shares withheld or disposed to cover tax obligations on RSU vesting — a common, routine administrative event — and should not be interpreted as a directional buy/sell signal by the insider. This is not an open-market sale intended to realize investment gains; rather, it’s the company/insider satisfying tax liabilities associated with prior awards.