Form 4: Bunge Global SA Director, Eliane Aleixo Lustosa de Andrade, Reports Tax Liability Stock Withholding
SEC Form 4 Filing
Director Eliane Aleixo Lustosa de Andrade reports the withholding of 424 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 11, 2024, Eliane Aleixo Lustosa de Andrade, a director of Bunge Global SA, had 424 shares of common stock withheld to cover tax liabilities.
- The withholding was executed under the terms of the Bunge 2017 Non-Employee Directors Equity Incentive Plan.
- The price per share for the withholding was $105.06.
- Following the transaction, Ms. Lustosa de Andrade directly owns 2,496 shares of Bunge Global SA.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating standard corporate governance practices. There is nothing to suggest a positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Key Dates
| Date | Description |
|---|---|
| 05/11/2024 | Date of stock withholding transaction. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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