Form 4: AGCO Corp: Officer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Ivory Marie Harris, SVP Chief HR Officer at AGCO Corp, reports transactions involving common stock, including acquisition and disposition of shares.
Summary
- On February 7, 2025, Ivory Marie Harris, SVP Chief HR Officer of AGCO CORP /DE, reported changes in beneficial ownership of the company's common stock.
- Harris acquired 3,518 shares of common stock at $0, representing shares issued upon completion of the 2022-2024 performance cycle at a 126.2% level.
- Harris also disposed of 1,574 shares of common stock at a price of $99.98.
- Following these transactions, Harris directly owns 16,704 shares of AGCO CORP /DE.
- A Limited Power of Attorney was granted on June 16, 2021, authorizing Roger N. Batkin, Kinsha O. Swain, Joseph Lewinski, and Lisa Schomaker to act on behalf of the undersigned for Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reflects routine transactions and doesn't inherently indicate positive or negative company performance.
Positives
- The acquisition of shares indicates a positive performance evaluation for the 2022-2024 cycle, with vesting at 126.2%.
Future Outlook
There are no specific forward-looking statements in this document.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into individual executive compensation and stock ownership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2021-06-16 | Limited Power of Attorney executed. |
| 2025-02-07 | Transaction date for stock acquisition and disposition. |
| 2025-02-10 | Signature date of the report. |
Keywords
Form 4, beneficial ownership, AGCO, stock, Harris, SVP Chief HR Officer, performance award, Section 16, securities, transaction
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