Chemours CEO awarded shares; some withheld for taxes
Chemours Co Chief Executive Officer Denise Dignam received 2,261 shares of common stock as a performance-based stock award tied to 2023 compensation, issued at no cash cost to her after performance conditions were certified.
Rhea-AI Filing Summary
Chemours Co Chief Executive Officer Denise Dignam received 2,261 shares of common stock as a performance-based stock award tied to 2023 compensation, issued at no cash cost to her after performance conditions were certified. To cover taxes on vesting, 742 shares were automatically withheld at $18.4100 per share, and the footnotes state that no shares were sold. Following these transactions and an adjustment for a prior administrative error, her directly owned and related holdings total 187,995.8721 shares, including restricted stock units and dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,261 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 742 | $18.41 | $14K |
Footnotes (4)
- F1. These shares were granted to the Reporting Person as performance stock units under the Company's Long Term Incentive Plan as part of 2023 compensation and vested subject to the satisfaction of certain performance conditions, which the Company's Compensation and Leadership Development Committee certified as having occurred.
- F2. The total holdings have been adjusted to correct an administrative error in prior Form 4s.
- F3. 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.
- F4. Includes directly owned shares, restricted stock units and dividend equivalent units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Chemours (CC) CEO Denise Dignam report in this Form 4?
What do the performance stock units in Chemours (CC) CEO’s award represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.