CE Form 4: 5.21 phantom shares via dividends; total 6,802.765
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celanese (CE) director Edward G. Galante reported an acquisition of 5.21 phantom stock units on 11/12/2025 under a Form 4 filing. Following this transaction, he beneficially owns 6,802.765 derivative securities.
The transaction was coded A (acquired). Each phantom stock unit represents the right to receive one share of common stock. The reported phantom stock reflects dividend equivalents on compensation deferred under the Company’s 2008 Deferred Compensation Plan and becomes payable in shares of common stock after his service as a director ends. The filing lists a Price of Derivative Security of $39.12.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GALANTE EDWARD G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 5.21 | $39.12 | $203.82 |
Holdings After Transaction:
Phantom Stock — 6,802.765 shares (Direct)
Footnotes (1)
- Each share of phantom stock represents the right to receive one share of Common Stock. 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.
FAQ
What did Celanese (CE) disclose in this Form 4?
Director Edward G. Galante acquired 5.21 phantom stock units on 11/12/2025 and now beneficially owns 6,802.765 derivative securities.
What is the significance of the 5.21 phantom stock units for CE?
They are dividend equivalents credited under the 2008 Deferred Compensation Plan, increasing the director’s phantom stock balance.
When will the phantom stock units be paid out?
They become payable in shares of common stock following the end of the director’s service with the company.
What price is associated with the derivative security in this filing?
The filing lists a Price of Derivative Security of $39.12.
What is the ownership form of the reported securities?
The phantom stock is reported as Direct (D) ownership.