Chemours Co (NYSE: CC) insider has 943 shares withheld to cover tax obligations
Rhea-AI Filing Summary
Chemours Co reports that President, Advanced Performance Materials, Familiar Calderon Gerardo had 943 shares of common stock automatically withheld on August 1, 2026 to satisfy tax obligations on vesting restricted stock units and dividend equivalent units.
No shares were sold in the market, and holdings after the withholding were 58,498.8899 shares, including directly owned shares, restricted stock units and dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 943 shares
Net Sell
1 txn
Insider
Familiar Calderon Gerardo
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 943 | $16.61 | $16K |
Holdings After Transaction:
Common Stock — 58,498.8899 shares (Direct)
Footnotes (2)
- F1. Shares automatically withheld to satisfy tax obligations on vesting restricted stock units and dividend equivalent units. Transactions are exempt from Section 16(b) pursuant to Rule 16b-3. No shares were sold.
- F2. Includes directly owned shares, restricted stock units and dividend equivalent units.
Key Figures
Shares withheld for taxes: 943 shares
Price per share: 16.6100 per share
Shares held after transaction: 58,498.8899 shares
3 metrics
Shares withheld for taxes
943 shares
Common stock automatically withheld on August 1, 2026 to satisfy tax obligations
Price per share
16.6100 per share
Value used for the tax-withholding disposition of 943 Chemours common shares
Shares held after transaction
58,498.8899 shares
Direct holdings including restricted stock units and dividend equivalent units after withholding
Key Terms
restricted stock units, dividend equivalent units, Section 16(b), Rule 16b-3
4 terms
restricted stock units financial
"tax obligations on vesting restricted stock units and dividend equivalent units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent units financial
"vesting restricted stock units and dividend equivalent units. Transactions are exempt"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
Section 16(b) regulatory
"Transactions are exempt from Section 16(b) pursuant to Rule 16b-3."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3 regulatory
"Transactions are exempt from Section 16(b) pursuant to Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Chemours (CC) report for Familiar Calderon Gerardo?
Chemours reported that 943 shares of common stock for President, Advanced Performance Materials, Familiar Calderon Gerardo were automatically withheld to cover tax obligations on vested restricted stock units and dividend equivalent units, rather than sold in the open market.