Chemours (NYSE: CC) director receives 7,182-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRANSTON MARY B reported acquisition or exercise transactions in this Form 4 filing.
Chemours Co director Mary B. Cranston received an equity grant of 7,182 shares of common stock on May 6. The award was granted at no cash cost to her, reflecting stock-based compensation rather than an open-market purchase.
After this grant and an adjustment to correct an administrative error in prior filings, her direct and deferred holdings now total 106,830.0129 shares, including deferred stock units and related dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CRANSTON MARY B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,182 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 106,830.013 shares (Direct, null)
Footnotes (1)
- The total holdings have been adjusted to correct an administrative error in prior Form 4s. Includes deferred stock units and dividend equivalent units.
Key Figures
Equity grant: 7,182 shares
Grant price per share: $0.0000 per share
Total holdings after transaction: 106,830.0129 shares
+1 more
4 metrics
Equity grant
7,182 shares
Common Stock award on May 6, 2026
Grant price per share
$0.0000 per share
Indicates stock-based compensation, not market purchase
Total holdings after transaction
106,830.0129 shares
Includes deferred stock units and dividend equivalent units
Acquire transactions
1 transaction
Form 4 transactionSummary acquireCount
Key Terms
deferred stock units, dividend equivalent units, administrative error, Form 4
4 terms
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.
administrative error regulatory
"adjusted to correct an administrative error in prior Form 4s."
Form 4 regulatory
"administrative error in prior Form 4s."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Chemours (CC) director Mary B. Cranston report in this Form 4?
Mary B. Cranston reported receiving an equity grant of 7,182 Chemours common shares. The transaction reflects a stock-based compensation award, not a market purchase, and increases her total direct and deferred holdings to 106,830.0129 shares following an administrative correction.
Did the Chemours (CC) Form 4 mention any corrections to prior reports?
Yes, a footnote states that total holdings were adjusted to correct an administrative error in prior Form 4s. This means earlier filings understated or overstated her position, and the current 106,830.0129-share total is intended to reflect the corrected amount.
What are the deferred stock and dividend equivalent units in this Chemours (CC) filing?
The Form 4 notes that Cranston’s total includes deferred stock units and dividend equivalent units. Deferred units represent stock-based compensation to be delivered later, while dividend equivalent units track dividends on those deferred units as additional credited units.