Chemours (NYSE: CC) director awarded 7,182 stock units as deferred board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chemours Co director Livingston Satterthwaite received an equity award of 7,182 stock units of Chemours common stock as board compensation. The units were granted at no cash cost to the director and will convert one-for-one into Chemours common shares upon separation from board service.
The award includes deferred stock units and related dividend equivalent units, increasing Satterthwaite’s directly held balance to 30,807.855 shares and stock units combined after this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SATTERTHWAITE LIVINGSTON
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,182 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,807.855 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 units granted: 7,182 units
Grant price per unit: $0.00 per unit
Holdings after transaction: 30,807.855 shares/units
3 metrics
Stock units granted
7,182 units
Director equity award on May 6, 2026
Grant price per unit
$0.00 per unit
Reported transaction price for the stock unit award
Holdings after transaction
30,807.855 shares/units
Common stock and stock units directly held after the grant
Key Terms
stock units, dividend equivalent units, Grant, award, or other acquisition
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Chemours (CC) director Livingston Satterthwaite report in this Form 4?
Livingston Satterthwaite reported receiving 7,182 Chemours stock units as a grant. These units are board compensation, not an open-market purchase, and increase his directly held balance to 30,807.855 shares and stock units after the transaction.
Was the Chemours (CC) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, coded “A” for award or other acquisition, not a market purchase. Satterthwaite received 7,182 stock units at a reported price of $0.00 per unit as part of director compensation in stock-based form.
What are the stock units granted to the Chemours (CC) director and when do they convert?
The reported award consists of stock units that track Chemours common stock. According to the disclosure, these units will convert one-for-one into Chemours common shares when Satterthwaite separates from service on the board, reflecting typical deferred equity compensation for directors.
Does the Chemours (CC) Form 4 indicate any stock sales or disposals by the director?
No sales or disposals are reported in this Form 4. The filing shows only an acquisition coded as a grant of 7,182 stock units, with no concurrent sales, tax-withholding dispositions, gifts, or restructurings disclosed in the transaction summary data.