4/A: Bunge Global SA Executive Corrects Stock Transaction Reporting
SEC Filing Amendment
Jerry Matthews Simmons JR, a Bunge Global SA officer, files an amended Form 4 to correct a previous report regarding the withholding of common stock for tax liabilities.
Summary
- Jerry Matthews Simmons JR, Controller and Principal Accounting Officer of Bunge Global SA, filed an amendment to a previous Form 4.
- The amendment corrects the number of shares withheld for tax liabilities related to the vesting and settlement of restricted stock units under the Bunge 2024 Long-Term Incentive Plan.
- The original filing on March 18, 2025, incorrectly stated that 2,403 shares were withheld, while the correct number was 2,591 shares.
- The transaction occurred on March 15, 2025, with a price of $73.35 per share, resulting in 188 shares being withheld.
- Following the corrected transaction, Simmons beneficially owns 55,920 shares of Bunge Global SA common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance procedures. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulatory requirements.
Negatives
- The original Form 4 filed on March 18, 2025, contained an error regarding the number of shares withheld for tax liabilities.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- The correction ensures accurate reporting to shareholders and the public, maintaining trust and transparency.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the stock withholding transaction. |
| 03/18/2025 | Date of the original Form 4 filing containing the error. |
| 03/21/2025 | Date of the amended Form 4/A filing. |
Keywords
Form 4, Bunge Global SA, Stock withholding, Amendment, SEC filing, Restricted stock units, Tax liability, Beneficial ownership
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