Form 4: Bunge Global SA Executive Reports Stock Transactions

Jerry Matthews Simmons JR, a Bunge Global SA officer, reports acquisition and disposal of company stock related to restricted stock units.

Summary

• On March 15, 2025, Jerry Matthews Simmons JR, Controller and Principal Accounting Officer of Bunge Global SA, reported transactions involving Bunge Global SA common stock.
• Simmons acquired 5,262 shares of common stock upon settlement of performance-based restricted stock units (PBRSUs) granted under the Bunge 2024 Long-Term Incentive Plan, inclusive of dividend reinvestment.
• He also had 2,403 shares withheld for tax liability related to the vesting and settlement of restricted stock units at a price of $73.35 per share.
• Additionally, Simmons acquired 3,408 restricted stock units (RSUs) which are expected to vest on March 15, 2028.
• Following these transactions, Simmons beneficially owns 56,108 shares of Bunge Global SA common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to executive compensation. There is no indication of unusual activity or concern.

Positives

• The acquisition of shares through PBRSUs indicates that performance targets were met, which is a positive signal.
• The grant of additional RSUs suggests continued confidence in the executive's role and the company's future.

Negatives

• The withholding of shares for tax liability, while standard, reduces the immediate gain for the reporting person.

Risks

• Future stock performance could impact the value of the RSUs vesting in 2028.
• Changes in tax laws could affect the tax implications of stock-based compensation.

Future Outlook

The document indicates future vesting of RSUs on March 15, 2028, suggesting a long-term incentive plan for the executive.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are regularly reported to the SEC. These transactions can provide insights into management's confidence in the company's future performance.

Comparison to Industry Standards

• Stock-based compensation is a standard practice among publicly traded companies to align executive interests with shareholder value.
• Companies like Archer Daniels Midland (ADM) and Cargill, which are major competitors of Bunge, also utilize stock-based compensation plans for their executives.
• The vesting schedules and terms of these plans are typically disclosed in proxy statements and other SEC filings.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They reflect standard executive compensation practices.

Key Dates