Form 4: AGCO Corporation Executive Hansotia Reports Share Withholding for Taxes
SEC Form 4 Filing
Eric P. Hansotia, Chairman, President, and CEO of AGCO Corporation, reports the withholding of 4,182 common stock shares for tax obligations related to restricted stock units.
Summary
- On January 31, 2025, Eric P. Hansotia, Chairman, President, and CEO of AGCO Corporation, had 4,182 shares of common stock withheld to cover tax obligations.
- The shares were withheld at a price of $104.43 per share.
- Following the transaction, Hansotia directly owns 247,327 shares of AGCO Corporation common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives who receive stock-based compensation. It reflects standard practice for covering tax obligations associated with stock awards.
Key Dates
| Date | Description |
|---|---|
| June 16, 2021 | Date of Limited Power of Attorney execution. |
| January 31, 2024 | Date of restricted stock units award. |
| January 31, 2025 | Date of transaction (share withholding for taxes). |
| February 03, 2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.