secwatch.observer — SEC 8-K summary
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Issuer:     MOSAIC CO (MOS)
CIK:        0001285785
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001193125-21-324497
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mosaic buys $314.8M of own stock in Vale secondary; Vale directors stay on board
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- Underwriter purchased 34.2M shares from Vale at $36.84/share; Mosaic repurchased 8.5M of those shares for ~$314.8M.
- Repurchase uses existing $1B share buyback authorization; company received no proceeds from the offering.
- Vale sold its entire holding in Mosaic and no longer owns any shares.
- Vale-designated directors Oscar P. Bernardes and Luciano Siani Pires offered resignations; board rejected them, they remain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1285785/000119312521324497/0001193125-21-324497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1285785/000119312521324497/d248884d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-324497

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer