Chemours (NYSE: CC) director receives 7,182 stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chemours director Leslie M. Turner received a grant of 7,182 stock units of Chemours common stock on May 6, 2026. The units were awarded at no cash cost and increase Turner’s direct holdings to 24,603.3891 stock units.
According to the footnotes, these stock units, including deferred stock units and dividend equivalent units, will convert one-for-one into Chemours common stock when Turner separates from service on the Board. This reflects routine equity-based board compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Leslie M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,182 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,603.389 shares (Direct, null)
Footnotes (1)
- Represents stock units that will convert one-for-one to Chemours common stock upon separation from service on the Board. Includes deferred stock units and dividend equivalent units.
Key Figures
Stock unit grant: 7,182 stock units
Total holdings after grant: 24,603.3891 stock units
Grant price per unit: $0.0000 per unit
3 metrics
Stock unit grant
7,182 stock units
Awarded to director Leslie M. Turner on May 6, 2026
Total holdings after grant
24,603.3891 stock units
Turner’s direct Chemours stock unit balance following transaction
Grant price per unit
$0.0000 per unit
Indicates non-cash equity compensation grant
Key Terms
stock units, deferred stock units, dividend equivalent units
3 terms
stock units financial
"Represents stock units that will convert one-for-one to Chemours common stock"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferred stock units financial
"Includes deferred stock units and dividend equivalent units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalent units financial
"Includes deferred stock units and dividend equivalent units"
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.
FAQ
What did Chemours (CC) director Leslie M. Turner report in this Form 4?
Leslie M. Turner reported receiving 7,182 Chemours stock units as a grant. These stock units are a form of equity compensation tied to Board service and increase Turner’s direct holdings to 24,603.3891 units, with no cash paid for the award.
Are the 7,182 Chemours (CC) stock units an open-market purchase or a grant?
The 7,182 Chemours stock units are a grant, not an open-market purchase. The Form 4 uses transaction code A, indicating a grant, award, or other acquisition, and shows a price of $0.0000 per unit, consistent with equity compensation.
How many Chemours (CC) stock units does Leslie M. Turner hold after this transaction?
After the 7,182-unit grant, Turner holds a total of 24,603.3891 Chemours stock units directly. This figure includes deferred stock units and dividend equivalent units that track reinvested dividends over time, as disclosed in the Form 4 footnotes.
What are deferred stock units and dividend equivalent units in Chemours (CC) compensation?
Deferred stock units are share-denominated awards that convert into stock at a future event, here Board separation. Dividend equivalent units accrue additional units based on dividends declared, keeping the economic value aligned with Chemours common stock performance over time.