Chemours Co (NYSE: CC) CEO records 477-share tax withholding
Rhea-AI Filing Summary
Chemours Co director and Chief Executive Officer Denise Dignam reported a tax-withholding disposition of 477 shares of common stock on August 1, 2026 at $16.61 per share. Shares were automatically withheld to satisfy tax obligations on vesting restricted stock units and dividend equivalent units; no shares were sold. Following this withholding, she reported 337,492.9016 shares held directly, including restricted stock units and dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 477 shares
Net Sell
1 txn
Insider
Dignam Denise
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 477 | $16.61 | $8K |
Holdings After Transaction:
Common Stock — 337,492.9016 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: 477 shares
Price per withheld share: $16.61
Shares following transaction: 337,492.9016 shares
3 metrics
Shares withheld for taxes
477 shares
Tax-withholding disposition on 2026-08-01 for vesting equity awards
Price per withheld share
$16.61
Per-share value used to satisfy tax obligations on withheld shares
Shares following transaction
337,492.9016 shares
Total direct holdings after tax withholding, including RSUs and dividend equivalents
Key Terms
restricted stock units, dividend equivalent units, Section 16(b), Rule 16b-3
4 terms
restricted stock units financial
"Shares automatically withheld to satisfy tax obligations on vesting restricted stock 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
"exempt from Section 16(b) pursuant to Rule 16b-3. No shares were sold."
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) CEO Denise Dignam report?
Denise Dignam reported a tax-withholding disposition of 477 shares of Chemours common stock. The shares were automatically withheld to cover taxes on vesting restricted stock units and dividend equivalent units, and no shares were sold in the market.
Was the Chemours (CC) CEO’s Form 4 transaction an open-market sale?
No. The Form 4 states that no shares were sold. Instead, 477 shares were automatically withheld to satisfy tax obligations on vesting restricted stock units and dividend equivalent units, a transaction type described as a tax-withholding disposition.
Does the Chemours (CC) CEO’s Form 4 mention Rule 16b-3 treatment?
Yes. A footnote states the tax-withholding transactions are exempt from Section 16(b) pursuant to Rule 16b-3. This exemption applies because the shares were automatically withheld to satisfy tax obligations on vesting restricted stock units and dividend equivalent units.