Millwood Timothy 4
Research Summary
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AGCO SVP Timothy Millwood Receives Award; Shares Withheld for Taxes
What Happened Timothy Millwood, Senior Vice President & Chief Supply Chain Officer at AGCO, received 733 shares as a performance-based award that vested on February 5, 2026 (award reported at $0.00). To satisfy tax withholding related to the vesting, 318 shares were disposed on the same date at $124.34 per share, generating roughly $39,540.
Key Details
- Transaction date: February 5, 2026.
- Award: 733 shares issued/vested (reported as $0.00 acquisition).
- Tax withholding (Disposition code F): 318 shares disposed at $124.34, total ≈ $39,540.
- Footnote: Award reflects issuance for the 2023–2025 performance cycle, vested at 23.9% of target.
- Shares owned after the transaction: Not disclosed in this filing.
- Filing timeliness: No late filing indicated in the report.
Context This was a performance-based compensation vesting, not an open-market purchase or discretionary sale. The 318-share disposition was a tax withholding event (common practice), and such withholdings are routine administrative actions rather than directional bets on the stock.