Celanese (NYSE: CE) grants RSUs and stock options to SVP Elliott
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elliott Todd L reported acquisition or exercise transactions in this Form 4 filing.
Celanese Corp senior vice president Todd L. Elliott reported equity awards that increase his direct holdings. On February 27, 2026, he received 17,558 nonqualified stock options and 12,579 time-based restricted stock units (RSUs) at no cash cost.
The RSUs, each representing one future share of common stock, vest with 33% on February 15, 2027, 33% on February 15, 2028, and 34% on February 15, 2029, subject to continued employment. The stock options vest on the same 33%, 33%, 34% annual schedule beginning February 15, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Elliott Todd L
Role
SVP, EM
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified Stock Option (right to buy) | 17,558 | $0.00 | -- |
| Grant/Award | Common Stock | 12,579 | $0.00 | -- |
Holdings After Transaction:
Nonqualified Stock Option (right to buy) — 17,558 shares (Direct);
Common Stock — 37,945 shares (Direct)
Footnotes (1)
- 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. Time-based employee stock options granted under the Plan. The options vest and become exercisable, subject to continued employment, in three annual installments of 33%, 33% and 34% beginning February 15, 2027.
FAQ
What equity awards did Celanese (CE) grant to Todd L. Elliott?
Celanese granted Todd L. Elliott 17,558 nonqualified stock options and 12,579 time-based restricted stock units. Both awards were reported at a price of $0.00 per share, reflecting compensation grants rather than open-market purchases.
When do Todd L. Elliott’s new RSUs from Celanese (CE) vest?
The RSUs vest over three years, subject to continued employment. Celanese scheduled 33% to vest on February 15, 2027, another 33% on February 15, 2028, and the remaining 34% on February 15, 2029, each RSU converting into one share.
What is the vesting schedule for Todd L. Elliott’s Celanese (CE) stock options?
The nonqualified stock options vest in three annual installments. Celanese set 33% to vest and become exercisable on February 15, 2027, another 33% on February 15, 2028, and the final 34% on February 15, 2029, conditioned on continued employment.
Are Todd L. Elliott’s Celanese (CE) awards open-market purchases?
No, these are compensation grants, not market purchases. The Form 4 identifies both the RSUs and nonqualified stock options with transaction code “A” for award or other acquisition, and a reported price of $0.00 per share, indicating employer-granted equity.