Millwood Timothy 4

What Happened
Timothy Millwood, SVP & Chief Supply Chain Officer at AGCO (AGCO), had a total of 1,753 shares withheld to satisfy tax obligations tied to vested restricted stock units (RSUs). The withholdings occurred on January 29–30, 2026 and were recorded as dispositions (tax-withholding). The transactions were: 586 shares at $114.33 (≈ $66,997) on 2026-01-29, and on 2026-01-30: 444 shares at $113.41 (≈ $50,354), 296 shares at $113.41 (≈ $33,569), 316 shares at $113.41 (≈ $35,838), and 111 shares at $113.41 (≈ $12,589). Combined value of disposed shares is about $199,347. These were tax-withholding dispositions (routine), not open-market sales signaling a change in investment stance.

Key Details

• Transaction dates and prices: 2026-01-29 (586 sh @ $114.33); 2026-01-30 (444/296/316/111 sh @ $113.41).
• Total shares withheld/disposed: 1,753; total proceeds/value ≈ $199,347.
• Shares owned after transaction: not disclosed in the provided Form 4 details.
• Footnotes: F1 = shares withheld for RSUs awarded 2025-01-29; F2 = RSUs awarded 2024-01-31; F3 = RSUs awarded 2023-01-30.
• Transaction code: F (tax withholding).
• Filing timeliness: Form 4 filed 2026-02-02, within the two-business-day reporting window for transactions on Jan 29–30, 2026.

Context
These transactions are standard tax-withholding actions when RSUs vest — the company withholds and "disposes" the necessary shares to cover tax liability. Such withholding is a routine administrative step and generally should not be interpreted as an insider selling shares to take a view on the company’s stock.