4/A: Bunge Global SA: Officer Corrects Stock Withholding Error in Amended SEC Filing

Joseph Podwika, Chief Legal Officer of Bunge Global SA, files an amendment to a previous Form 4 to correct the number of shares withheld for tax liability related to vested restricted stock units.

Summary

• Joseph Podwika, Chief Legal Officer of Bunge Global SA, filed an amended Form 4 with the SEC on March 21, 2025.
• This amendment corrects an error in the original filing from March 18, 2025, regarding the number of shares withheld for tax liability.
• The company withheld 579 shares of common stock at a price of $73.35 on March 15, 2025, to cover the tax liability associated with the vesting and settlement of restricted stock units under the Bunge 2024 Long-Term Incentive Plan.
• The original Form 4 incorrectly reported that 8,458 shares were withheld, but the correct amount should have been 9,037 shares.
• This amendment reflects the corrected withholding amount, resulting in Mr. Podwika beneficially owning 84,921 shares following the transaction.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing. While the error itself is slightly negative, the prompt correction is a positive sign of diligence and transparency.

Negatives

• An administrative error led to an incorrect number of shares being reported as withheld for tax liability in the original Form 4 filing.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction ensures accurate reporting to shareholders and the SEC, maintaining transparency and trust.

Key Dates

Keywords

SEC Filing, Form 4, Amendment, Bunge Global SA, Joseph Podwika, Stock Withholding, Tax Liability, Restricted Stock Units, Beneficial Ownership