Celanese Corp (CE) director gains dividend-based phantom stock under deferred plan
Rhea-AI Filing Summary
Kissire Deborah J. reported acquisition or exercise transactions in this Form 4 filing.
Celanese Corp director Deborah J. Kissire received an award of 6.277 shares of phantom stock on August 10, 2026. Each phantom share represents the right to receive one share of common stock and reflects dividend equivalents on compensation deferred under the company’s 2008 Deferred Compensation Plan. Following this award, Kissire holds 9,310.054 phantom stock units, which are payable in common stock after her service as a director ends, as provided in the plan.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kissire Deborah J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock F1, F2 | 6.277 | $44.46 | $279.08 |
Holdings After Transaction:
Phantom Stock — 9,310.054 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, following the termination of the reporting person's service as a director of the Company.
Key Figures
Phantom stock units granted: 6.277 shares
Fair value per phantom unit: $44.4600 per share
Total phantom units after grant: 9,310.054 shares
+1 more
4 metrics
Phantom stock units granted
6.277 shares
Grant/award acquisition on August 10, 2026
Fair value per phantom unit
$44.4600 per share
Price associated with the 6.277 phantom stock units
Total phantom units after grant
9,310.054 shares
Director’s phantom stock balance following the reported transaction
Underlying common shares
6.277 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 insider transaction did Celanese Corp (CE) report for Deborah J. Kissire?
Deborah J. Kissire was granted 6.277 shares of phantom stock on August 10, 2026. These units represent dividend equivalents on deferred compensation and increase her total phantom stock holdings to 9,310.054 units tied to Celanese common stock.
What does the phantom stock award at Celanese Corp (CE) represent?
Each phantom stock unit represents the right to receive one share of Celanese common stock. The reported 6.277 units are dividend equivalents credited on compensation deferred under Celanese’s 2008 Deferred Compensation Plan for directors.
How many phantom stock units does Deborah J. Kissire now hold at Celanese (CE)?
After the August 10, 2026 award, Deborah J. Kissire holds 9,310.054 phantom stock units. These units are payable in Celanese common stock following termination of her service as a director, in accordance with the company’s deferred compensation plan.
When will Deborah J. Kissire’s phantom stock at Celanese (CE) be paid out?
The phantom stock units become payable in shares of Celanese common stock after Deborah J. Kissire’s service as a director terminates. Payout timing and mechanics follow the provisions of Celanese’s 2008 Deferred Compensation Plan for directors.
Was the Celanese (CE) phantom stock transaction a market purchase or sale?
No market trade occurred; it was a grant/award acquisition coded as "A". The 6.277 phantom stock units reflect dividend equivalents on deferred compensation rather than an open-market buy or sell of Celanese common shares.