Bennett Kelvin Eugene 4

What Happened
Bennett Kelvin Eugene, SVP Engineering at AGCO (AGCO), was issued 576 shares as a performance-based award on February 5, 2026 (code A). On the same date 256 of those shares were surrendered/disposed (code F) to satisfy tax withholding, disposed at $124.34 per share for proceeds of $31,831. The award relates to the 2023–2025 performance cycle and vested at the 23.9% level per the filing footnote.

Key Details

• Transaction date: 2026-02-05; filing date: 2026-02-09. The Form 4 reports the transactions occurring on Feb 5.
• Award: 576 shares issued at $0.00 (performance award).
• Withholding/disposition: 256 shares disposed at $124.34 each, totaling $31,831, to cover tax liabilities (transaction code F).
• Net shares retained from this award: 320 shares (576 awarded − 256 withheld).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: F1 states the award was for the 2023–2025 performance cycle and vested at 23.9%.
• No 10b5-1 plan or other trading plan is indicated in the filing.

Context
This is a routine issuance of performance-based restricted stock and a common tax-withholding sale rather than an open-market sell for investment reasons. The disposition (code F) was to satisfy tax obligations on vesting; such withholdings are standard and do not necessarily indicate the insider’s view on the company’s prospects.