Celanese director awarded phantom stock units
Celanese Corp director Kim K.W.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Celanese Corp director Kim K.W. Rucker reported a small compensation-related award of phantom stock tied to common shares. On this Form 4, Rucker acquired 5.633 units of phantom stock, each representing the right to receive one share of Celanese common stock. These units reflect dividend equivalents on compensation deferred under the company’s 2008 Deferred Compensation Plan. After this award, Rucker holds a total of 9,519.723 phantom stock units, which will be payable in common stock according to the terms of the plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 5.633 | $50.67 | $285.42 |
Footnotes (2)
- F1. Each share of phantom stock represents the right to receive one share of Common Stock.
- F2. The reported phantom stock represents dividend equivalents on 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Celanese (CE) disclose for Kim K.W. Rucker?
What is phantom stock in the Celanese (CE) Form 4 filing?
Why did Kim K.W. Rucker receive 5.633 phantom stock units from Celanese (CE)?
How many phantom stock units does the Celanese (CE) director hold after this transaction?
Does the Celanese (CE) Form 4 show an open-market buy or sell by the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.