Chemours (NYSE: CC) executive gets RSU grant, shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chemours executive Gerardo Familiar Calderon reported equity compensation changes involving company common stock. He received a grant of 25,708 shares of common stock at a price of $0.0000 per share as a grant, award, or other acquisition, structured as restricted stock units and related dividend equivalent units.
Separately, 2,635 shares were automatically withheld at $18.24 per share to satisfy tax obligations upon vesting of existing restricted stock units; footnotes state that no shares were sold and the transaction is exempt under Rule 16b-3. The new RSU award is scheduled to vest in three equal annual installments beginning on March 1, 2027, and the reported holdings include directly owned shares, RSUs, and dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Familiar Calderon Gerardo
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,708 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,635 | $18.24 | $48K |
Holdings After Transaction:
Common Stock — 57,292.147 shares (Direct)
Footnotes (1)
- Shares automatically withheld to satisfy tax obligations on vesting restricted stock units ("RSUs") and dividend equivalent units. Transactions are exempt from Section 16(b) pursuant to Rule 16b-3. No shares were sold. RSU award scheduled to vest in three equal annual installments beginning on March 1, 2027. Includes directly owned shares, RSUs and dividend equivalent units.
FAQ
What insider stock transactions did Chemours (CC) report for Gerardo Familiar Calderon?
Chemours reported that Gerardo Familiar Calderon received a grant of 25,708 common shares at $0.0000 per share and had 2,635 shares automatically withheld at $18.24 per share to cover tax obligations on vesting restricted stock units.
Was the Chemours (CC) insider disposition by Gerardo Familiar Calderon an open-market sale?
No, the disposition was not an open-market sale. Footnotes state 2,635 shares were automatically withheld to satisfy tax liabilities on vesting restricted stock units, with no shares sold, and that the transaction is exempt from Section 16(b) under Rule 16b-3.
What are the terms of Gerardo Familiar Calderon’s new RSU award at Chemours (CC)?
The new restricted stock unit award is scheduled to vest in three equal annual installments beginning on March 1, 2027. The award covers 25,708 shares of Chemours common stock, including related dividend equivalent units as described in the filing footnotes.
How is the tax-withholding transaction for Chemours (CC) insider Gerardo Familiar Calderon classified?
The tax-withholding transaction is coded “F,” described as payment of tax liability by delivering securities. It represents a disposition of 2,635 shares used to cover taxes on vesting RSUs, with no open-market sales reported for this insider transaction.