Celanese director Fernandez-Moreno reports no shares
Celanese Corp (CE) filed an initial statement of beneficial ownership reporting that director Luis M. Fernandez-Moreno currently holds no shares of Celanese common stock in his direct ownership.
Rhea-AI Filing Summary
Celanese Corp (CE) filed an initial statement of beneficial ownership reporting that director Luis M. Fernandez-Moreno currently holds no shares of Celanese common stock in his direct ownership. The filing also lists a Power of Attorney as an exhibit authorizing filings on his behalf.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERNANDEZ-MORENO LUIS M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Key Figures
Common stock holdings after reported position: 0 shares
Form type: Form 3
Reporting person role: Director
3 metrics
Common stock holdings after reported position
0 shares
Directly held Celanese common stock following the Form 3 reporting position
Form type
Form 3
Initial statement of beneficial ownership of securities filed for Celanese Corp
Reporting person role
Director
Luis M. Fernandez-Moreno is reported as a director of Celanese Corp
Key Terms
beneficial ownership, Form 3, Power of Attorney
3 terms
beneficial ownership financial
"Initial statement of beneficial ownership of securities filed for Celanese Corp"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Form 3 regulatory
"Form 3 filed as an initial statement of beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Power of Attorney regulatory
"Exhibit No. 24 - Power of Attorney listed in the remarks"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the new Form 3 filing disclose for Celanese Corp (CE)?
The Form 3 for Celanese Corp (CE) discloses that director Luis M. Fernandez-Moreno currently has 0 shares of Celanese common stock in direct ownership, as reported in the filing’s non-transactional holding entry.
Is there any buy or sell transaction reported in this Celanese (CE) Form 3?
No. The Form 3 reports only a holding entry for common stock with 0 shares following the reported position. There are no buy or sell transactions or prices reported in this filing.
What role does Luis M. Fernandez-Moreno have at Celanese Corp (CE)?
The Form 3 identifies Luis M. Fernandez-Moreno as a director of Celanese Corp. He is not reported as an officer or ten percent owner in this filing.
Does the Celanese (CE) Form 3 mention a Rule 10b5-1 trading plan?
No. The Form 3 does not report transactions under a Rule 10b5-1 trading plan. It is an initial beneficial ownership statement showing a direct holding of 0 shares without any associated trading activity.
What additional documents are referenced in this Celanese (CE) Form 3?
The Form 3 remarks reference an exhibit list that includes Exhibit No. 24 - Power of Attorney, which authorizes another party to sign and file documents on behalf of Luis M. Fernandez-Moreno.
AI-generated analysis. How Rhea-AI works. Not financial advice.