Bennett Kelvin Eugene 4
4 · AGCO CORP /DE · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
AGCO SVP Kelvin Bennett Withholds 845 Shares for Taxes
What Happened
Kelvin E. Bennett, Senior Vice President of Engineering at AGCO (AGCO), had 845 shares withheld to satisfy tax withholding on vested restricted stock units (RSUs). The withholding covered 324 shares at $114.33 ($37,043), 275 shares at $113.41 ($31,188), and 246 shares at $113.41 ($27,899), for a combined value of approximately $96,130. These transactions are reported on a Form 4 as code "F" (payment of tax liability / shares withheld).
Key Details
- Transaction dates and prices:
- 2026-01-29: 324 shares withheld @ $114.33 = $37,043
- 2026-01-30: 275 shares withheld @ $113.41 = $31,188
- 2026-01-30: 246 shares withheld @ $113.41 = $27,899
- Total: 845 shares withheld, ~ $96,130 total value.
- Footnotes: F1 = withholding for RSUs awarded 2025-01-29; F2 = RSUs awarded 2024-01-31; F3 = RSUs awarded 2023-01-30.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing: Form 4 filed 2026-02-02 (timely based on reported transaction dates).
- Transaction code: F — routine tax withholding on vesting (not an open-market sale or purchase).
Context
This was a routine tax-withholding event tied to RSU vesting (a common "cashless" method where the company retains shares to pay taxes). Such withholdings are administrative and do not necessarily indicate the insider's sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-29$114.33/sh−324$37,043→ 19,345.46 total - Tax Payment
Common Stock
[F2]2026-01-30$113.41/sh−275$31,188→ 19,070.46 total - Tax Payment
Common Stock
[F3]2026-01-30$113.41/sh−246$27,899→ 18,824.46 total
Footnotes (3)
- [F1]Represents the number of shares withheld for taxes on restricted stock units awarded on January 29, 2025.
- [F2]Represents the number of shares withheld for taxes on restricted stock units awarded on January 31, 2024.
- [F3]Represents the number of shares withheld for taxes on restricted stock units awarded on January 30, 2023.