Form 4: Bunge Global SA CEO Gregory Heckman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gregory Heckman, CEO of Bunge Global SA, reports acquisition of restricted stock units and transfer of shares to a revocable trust.
Summary
- On June 3, 2024, Gregory Heckman, CEO of Bunge Global SA, acquired 832 restricted stock units at a price of $107.37 per unit due to a dividend feature under the company's equity incentive plans.
- As of June 3, 2024, Heckman directly owns 243,664 shares of Bunge Global SA common stock.
- Heckman also indirectly owns 488,225 shares through the Gregory A Heckman Revocable Trust UAD 04/18/96.
- On April 30, 2024, Heckman transferred 120,706 directly held shares to the revocable trust, for which he serves as trustee and is a beneficiary along with his immediate family.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock ownership changes, with no inherently positive or negative implications.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Gregory Heckman's ownership of Bunge Global SA stock.
Related Party Transactions
- The transfer of 120,706 shares to the Gregory A Heckman Revocable Trust, of which Heckman is the trustee and beneficiary, constitutes a related party transaction.
Stakeholder Impact
- The transfer of shares to a trust may have implications for estate planning but does not directly impact other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/18/1996 | Date of Gregory A Heckman Revocable Trust UAD |
| 03/30/2012 | Amendment date of Gregory Heckman TTEE |
| 04/30/2024 | Reporting person transferred 120,706 directly held shares of BG common stock to the Gregory A Heckman Revocable Trust |
| 06/03/2024 | Date of transaction: Acquisition of 832 restricted stock units |
| 06/05/2024 | Date of signature for the report |
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