Celanese (CE) CFO reports PRSU share vesting and tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celanese Corp SVP & CFO Chuck Kyrish reported routine equity compensation activity involving performance-based restricted stock units (PRSUs). He acquired 401 shares of common stock upon PRSU vesting and settlement, then disposed of 179 shares that were withheld to cover taxes, leaving 11,136.476 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kyrish Chuck
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 401 | $0.00 | -- |
| Tax Withholding | Common Stock | 179 | $59.12 | $11K |
Holdings After Transaction:
Common Stock — 11,315.476 shares (Direct)
Footnotes (1)
- Represents performance-based restricted stock units ("PRSUs") granted to the reporting person on February 8, 2023 under the Company's 2018 Global Incentive Plan, as amended, which have vested and been settled. Shares withheld for the payment of taxes on the vesting and settlement of PRSUs.
FAQ
What insider transactions did Celanese (CE) CFO Chuck Kyrish report?
Chuck Kyrish reported routine equity compensation activity. He acquired 401 Celanese common shares from vested performance-based restricted stock units and had 179 shares withheld to satisfy tax obligations tied to that vesting, as shown in this Form 4 filing.
Was the Celanese (CE) CFO’s Form 4 transaction an open-market stock purchase or sale?
The Form 4 does not show open-market trading. Shares were acquired through vesting of performance-based restricted stock units and a portion was disposed of only as share withholding to cover taxes, not as a discretionary market sale or purchase.
What equity plan governed the Celanese (CE) CFO’s performance-based restricted stock units?
The performance-based restricted stock units were granted under Celanese’s 2018 Global Incentive Plan, as amended. These PRSUs vested and were settled into common shares, triggering the reported acquisition and tax-withholding share disposition on the Form 4.