Celanese (NYSE: CE) director logs RSU vesting, deferral into phantom stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celanese Corp director Deborah J. Kissire reported compensation-related equity movements. On May 9, 2026, 3,376 Restricted Stock Units vested, and she deferred the resulting 3,376 shares of Common Stock into 3,376 shares of phantom stock under the company’s 2008 Deferred Compensation Plan, leaving 1,100 Common shares directly held.
On May 11, 2026, she received an annual grant of 2,975 restricted stock units under the Amended and Restated 2018 Global Incentive Plan, which vest in full one year after grant. She also received 2.984 additional phantom stock shares as dividend equivalents, bringing her phantom stock balance to 9,303.777 units, each representing the right to receive one share of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kissire Deborah J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 2.984 | $59.55 | $177.70 |
| Grant/Award | Common Stock | 2,975 | $0.00 | -- |
| Grant/Award | Phantom Stock | 3,376 | $0.00 | -- |
| Disposition | Common Stock | 3,376 | $0.00 | -- |
Holdings After Transaction:
Phantom Stock — 9,303.777 shares (Direct, null);
Common Stock — 4,075 shares (Direct, null)
Footnotes (1)
- Upon vesting of 3,376 Restricted Stock Units granted to the reporting person on May 9, 2025, the reporting person deferred the receipt of 3,376 shares of Common Stock and received instead 3,376 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan (the "Plan"). As a result, the reporting person is reporting the disposition of 3,376 shares of Common Stock in exchange for an equal number of shares of phantom stock. 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. Each share of phantom stock represents the right to receive one share of Common Stock. The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan. 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, following the termination of the reporting person's service as a director of the Company.
Key Figures
RSUs vested and deferred: 3,376 units
New RSU grant: 2,975 units
Dividend-equivalent phantom stock: 2.984 units
+3 more
6 metrics
RSUs vested and deferred
3,376 units
Restricted Stock Units vested and exchanged for phantom stock on May 9, 2026
New RSU grant
2,975 units
Annual RSU grant on May 11, 2026, vests after one year
Dividend-equivalent phantom stock
2.984 units
Phantom stock credited as dividend equivalents at $59.55 per unit
Common Stock holdings
1,100 shares
Direct Celanese Common Stock held after reported transactions
Phantom stock balance
9,303.777 units
Total phantom stock units following the May 2026 transactions
Dividend equivalent price
$59.55/share
Transaction price per phantom stock unit for dividend equivalents
Key Terms
Restricted Stock Units, phantom stock, Deferred Compensation Plan, dividend equivalents, +1 more
5 terms
Restricted Stock Units financial
"Upon vesting of 3,376 Restricted Stock Units granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
phantom stock financial
"received instead 3,376 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Deferred Compensation Plan financial
"pursuant to the Company's 2008 Deferred Compensation Plan (the "Plan")"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
dividend equivalents financial
"The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Global Incentive Plan financial
"Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan"
FAQ
What insider transactions did Celanese (CE) director Deborah Kissire report?
Deborah Kissire reported equity awards and a deferral election. 3,376 vested Restricted Stock Units were exchanged for 3,376 phantom stock shares, plus a new 2,975-unit RSU grant and 2.984 phantom stock dividend equivalents, all as part of Celanese compensation and deferral plans.
What phantom stock position did Deborah Kissire report in Celanese (CE)?
Kissire reported holding 9,303.777 phantom stock units following the transactions. These units arise from deferred compensation and dividend equivalents and each represents the right to receive one Celanese Common Stock share under the company’s deferred compensation plan terms.
What was included in Deborah Kissire’s annual equity grant from Celanese (CE)?
Her annual equity grant consisted of 2,975 Restricted Stock Units awarded under Celanese’s Amended and Restated 2018 Global Incentive Plan. The filing states these RSUs vest in full on the one-year anniversary of the grant date, subject to the plan’s standard conditions.
How were dividend equivalents reflected in Celanese (CE) phantom stock for Deborah Kissire?
The Form 4 shows 2.984 phantom stock shares credited as dividend equivalents on deferred compensation. These phantom shares mirror cash dividends on Celanese stock and will be paid out in Common Stock after Kissire’s service as a director ends, under the plan rules.