Chemours Co (CC) officer receives two large RSU stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chemours Co reported that officer Michael Robert Foley acquired two grants of common stock in the form of restricted stock units. One award covers 25,013 RSUs that vest in three equal annual installments beginning on March 1, 2027, and another covers 50,027 RSUs scheduled to vest on March 1, 2029. Following these awards, Foley directly holds or is credited with 78,540 Chemours equity units, including directly owned shares, RSUs and related dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Foley Michael Robert
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,013 | $0.00 | -- |
| Grant/Award | Common Stock | 50,027 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,513 shares (Direct)
Footnotes (1)
- Restricted Stock Unit ("RSU") award scheduled to vest in three equal annual installments beginning on March 1, 2027. RSU award scheduled to vest on March 1, 2029. Includes directly owned shares, RSUs and dividend equivalent units.
FAQ
What insider transaction did Chemours Co (CC) report for Michael Robert Foley?
Chemours Co reported that officer Michael Robert Foley received two equity awards of common stock in the form of restricted stock units. These awards are non-cash grants that increase his direct Chemours-related holdings and are subject to future vesting conditions over several years.
How many Chemours Co (CC) restricted stock units did Michael Robert Foley receive?
Michael Robert Foley received 25,013 restricted stock units in one grant and 50,027 restricted stock units in a second grant. Both grants are recorded at a price of $0.00 per share, reflecting that they were awards rather than open-market purchases for cash.
When do Michael Robert Foley’s Chemours (CC) restricted stock unit grants vest?
One Chemours RSU award to Michael Robert Foley is scheduled to vest in three equal annual installments beginning on March 1, 2027. The second RSU award is scheduled to vest in full on March 1, 2029. Actual receipt of shares depends on meeting these vesting dates.
What type of securities did Michael Robert Foley receive from Chemours Co (CC)?
Michael Robert Foley received Chemours common stock in the form of restricted stock units, which are rights to receive shares in the future upon vesting. These RSUs carry specific vesting schedules extending to 2027 and 2029 instead of being immediately unrestricted common shares.