Celanese director converts 1,808 phantom units to shares
Celanese Corporation director Kathryn Hill reported a routine equity compensation transaction.
Rhea-AI Filing Summary
Celanese Corporation director Kathryn Hill reported a routine equity compensation transaction. On January 1, 2026, she converted 1,808.351 shares of phantom stock into 1,808.351 shares of Celanese common stock at a price of $0 per share under the company’s 2008 Deferred Compensation Plan.
After this conversion, she directly held 16,808.48 shares of common stock and 1,140.519 phantom stock units. Each phantom stock unit represents the right to receive one share of common stock, payable in shares as provided by the deferred compensation plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Phantom Stock | 1,808.351 | $0.00 | $0.00 |
| Conversion | Common Stock | 1,808.351 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each share of phantom stock represents the right to receive one share of Common Stock.
- F2. The reported phantom stock represents compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan.
FAQ
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What insider transaction did Celanese (CE) director Kathryn Hill report?
What is phantom stock in the context of Celanese (CE) compensation?
How many phantom stock units does Kathryn Hill still hold in Celanese (CE)?
Was there any cash involved in Kathryn Hill’s Celanese (CE) Form 4 transaction?
Is Kathryn Hill’s Celanese (CE) Form 4 transaction an open-market trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.