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Celanese Corp (CE) director receives phantom stock dividend-equivalent award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Celanese Corp director Kathryn Hill reported an acquisition of 0.7710 shares of phantom stock on 2026-08-10 at a reference value of $44.46 per share. These phantom stock units represent dividend equivalents on compensation deferred under Celanese’s 2008 Deferred Compensation Plan and are payable in an equivalent number of common shares as provided in the plan, bringing her reported phantom stock balance to 1,142.5400 units held directly.

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Insider Hill Kathryn
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock F1, F2 0.771 $44.46 $34.28
Holdings After Transaction: Phantom Stock — 1,142.54 shares (Direct)
Footnotes (2)
  1. F1. Each share of phantom stock represents the right to receive one share of Common Stock.
  2. 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.
Phantom stock acquired 0.7710 units Grant, award, or other acquisition on 2026-08-10
Reference price per unit $44.4600 per share Reported transaction price for phantom stock units
Phantom stock holdings after 1,142.5400 units Total phantom stock directly owned after reported transaction
Underlying common stock 0.7710 shares Each phantom stock unit corresponds to one share of common stock
Phantom Stock financial
"Each share of phantom stock represents the right to receive one share"
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.
dividend equivalents financial
"The reported phantom stock represents dividend equivalents on compensation deferred"
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.
2008 Deferred Compensation Plan financial
"compensation deferred under the Company's 2008 Deferred Compensation Plan"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction did Celanese (CE) director Kathryn Hill report on this Form 4?

Kathryn Hill reported an acquisition of 0.7710 shares of phantom stock on 2026-08-10. The award is classified as a grant or other acquisition of derivative securities tied to Celanese common stock.

How many phantom stock units does Kathryn Hill hold in Celanese (CE) after this transaction?

Following the reported transaction, Kathryn Hill holds a total of 1,142.5400 phantom stock units. Each unit represents the right to receive one share of Celanese common stock under the company’s deferred compensation arrangements.

What is the nature of the phantom stock granted to Kathryn Hill at Celanese (CE)?

The phantom stock represents dividend equivalents on compensation deferred under Celanese’s 2008 Deferred Compensation Plan. Each phantom share equals one common share and becomes payable in common stock as provided in the plan.

What price per unit is associated with Kathryn Hill’s phantom stock award at Celanese (CE)?

The filing reports a reference value of $44.46 per phantom stock unit for the 0.7710 units acquired. This price is presented on a per-share basis in the derivative transaction data.

Is Kathryn Hill’s phantom stock at Celanese (CE) held directly or indirectly?

The Form 4 classifies Kathryn Hill’s ownership of the 1,142.5400 phantom stock units as direct. No intermediary entity or indirect ownership structure is indicated for this position in the filing.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hill Kathryn

(Last)(First)(Middle)
C/O CELANESE CORPORATION
222 W. LAS COLINAS BLVD., SUITE 900N

(Street)
IRVING TEXAS 75039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Celanese Corp [ CE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock(1)08/10/2026A0.771 (2) (2)Common Stock0.771$44.461,142.54D
Explanation of Responses:
1. Each share of phantom stock represents the right to receive one share of Common Stock.
2. 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.
Remarks:
/s/ Christine Dryden, Attorney-in-Fact for Kathryn Hill08/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)