Form 4: Bunge Global SA Director Sheila Colleen Bair Reports Stock Disposal for Tax Obligations

Director Sheila Colleen Bair disposed of 302 shares of Bunge Global SA common stock to cover tax liabilities related to vesting restricted stock units.

Summary

• On May 11, 2024, Sheila Colleen Bair, a director of Bunge Global SA, disposed of 302 shares of common stock.
• The transaction was executed to cover tax liabilities associated with the vesting and settlement of restricted stock units under the Bunge 2017 Non-Employee Directors Equity Incentive Plan.
• The shares were disposed of at a price of $105.06 per share.
• Following the transaction, Bair directly owns 11,081 shares of Bunge Global SA common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to tax obligations, which is neither particularly positive nor negative. The director maintains a significant ownership stake in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by company directors.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates