Celanese director receives 2,975-share stock grant
MOORTHY GANESH reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MOORTHY GANESH reported acquisition or exercise transactions in this Form 4 filing.
Celanese Corp director Ganesh Moorthy reported an annual equity compensation grant in the form of restricted stock units. He received 2,975 shares of Common Stock as a grant or award at a stated price of $0.00 per share under the company’s Amended and Restated 2018 Global Incentive Plan. These restricted stock units vest in full on the one-year anniversary of the grant date, meaning the shares become fully owned after that period. Following this award, Moorthy directly holds 8,990 shares of Celanese common stock and indirectly holds 3,000 shares through the Ganesh and Hema Moorthy Revocable Living Trust. This filing reflects routine director compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,975 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.
Key Figures
Key Terms
restricted stock units financial
Amended and Restated 2018 Global Incentive Plan financial
Revocable Living Trust financial
grant, award, or other acquisition financial
FAQ
What did Celanese (CE) director Ganesh Moorthy report in this Form 4?
When do Ganesh Moorthy’s new restricted stock units in Celanese (CE) vest?
What are Ganesh Moorthy’s total direct Celanese (CE) holdings after the grant?
Is Ganesh Moorthy’s Celanese (CE) Form 4 transaction an open-market buy or sell?
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