Celanese CFO awarded RSUs and stock options
Celanese Corp reported that its SVP & CFO, Chuck Kyrish, received an equity compensation grant.
Rhea-AI Filing Summary
Celanese Corp reported that its SVP & CFO, Chuck Kyrish, received an equity compensation grant. He acquired 15,678 time-based restricted stock units, each convertible into one share of common stock under the company’s Amended and Restated 2018 Global Incentive Plan.
Kyrish was also granted 21,884 time-based nonqualified stock options under the same plan. The RSUs vest in portions of 33%, 33%, and 34% on February 15 of 2027, 2028, and 2029, while the options vest in three annual installments of 33%, 33%, and 34% beginning February 15, 2027, all subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified Stock Option (right to buy) | 21,884 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 15,678 | $0.00 | $0.00 |
Footnotes (3)
- F1. Time-based restricted stock units ("RSUs") granted pursuant to the Company's Amended and Restated 2018 Global Incentive Plan (the "Plan"). Each RSU represents the right to receive one share of Common Stock. The RSUs will vest, subject to continued employment, with respect to 33% of the RSUs on each of February 15, 2027 and February 15, 2028, and with respect to 34% of the RSUs on February 15, 2029.
- F2. Time-based employee stock options granted under the Plan.
- F3. The options vest and become exercisable, subject to continued employment, in three annual installments of 33%, 33% and 34% beginning February 15, 2027.
FAQ
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What did Celanese (CE) SVP & CFO Chuck Kyrish report in this Form 4?
How many restricted stock units did Celanese (CE) grant to its CFO?
What stock options were granted to the Celanese (CE) CFO in this filing?
When do the Celanese (CE) restricted stock units for the CFO vest?
Under what plan were the Celanese (CE) CFO’s equity awards granted?
Are the Celanese (CE) CFO’s new stock options immediately exercisable?
AI-generated analysis. How Rhea-AI works. Not financial advice.