Harris Ivory Marie 4
Research Summary
AI-generated summary
AGCO SVP Harris Ivory Marie Receives Award; 257 Shares Withheld
What Happened Harris Ivory Marie, SVP & Chief HR Officer of AGCO (AGCO), was issued 576 performance-based shares on 2026-02-05 (reported on a Form 4 filed 2026-02-09). The filing shows an award/acquisition of 576 shares at $0.00 and a contemporaneous disposition of 257 shares at $124.34 to satisfy tax withholding, generating $31,955. After the withholding, Marie retained 319 net shares from this award. This was a vesting/award transaction, not an open-market sale or purchase by the insider.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (timely filing).
- Award: 576 shares issued (code A) shown at $0.00 acquisition price.
- Tax withholding: 257 shares disposed (code F) at $124.34, proceeds $31,955 used to satisfy tax liability.
- Net shares retained from the award: 576 − 257 = 319 shares.
- Footnote: Shares issued upon completion of the 2023–2025 performance cycle; vesting was satisfied at 23.9% of target (performance-based award).
- Shares owned after transaction: not reported in the provided filing excerpt.
Context This was a performance-vested award with shares surrendered to cover taxes (a routine tax-withholding transaction), not an insider market sale. Such awards reflect compensation vesting tied to company performance; they do not necessarily signal a buying or selling opinion by the insider.