Celanese Corp (CE) director receives phantom stock dividend-equivalent award
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Phantom stock acquired: 0.7710 units
Reference price per unit: $44.4600 per share
Phantom stock holdings after: 1,142.5400 units
+1 more
4 metrics
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
Key Terms
Phantom Stock, dividend equivalents, 2008 Deferred Compensation Plan
3 terms
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.
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.