Celanese director granted phantom stock units
Celanese Corp director Jay V. Ihlenfeld received a small phantom stock award as part of deferred compensation.
Rhea-AI Filing Summary
Celanese Corp director Jay V. Ihlenfeld received a small phantom stock award as part of deferred compensation. On this date, he acquired 6.0600 phantom stock units, 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 and will be paid in common shares according to that plan’s terms. Following this grant, Ihlenfeld directly holds a total of 10241.1190 phantom stock units linked to Celanese common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 6.06 | $50.67 | $307.06 |
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) report for Jay V. Ihlenfeld?
How many phantom stock units does the Celanese (CE) director hold after this Form 4?
Is the Celanese (CE) Form 4 transaction an open-market buy or sell?
What is phantom stock in the Celanese (CE) director’s Form 4 filing?
Why did Celanese (CE) credit dividend equivalents as phantom stock to its director?
AI-generated analysis. How Rhea-AI works. Not financial advice.