CE Form 4: 7.29 phantom stock credited; holdings now 9,514.09
Rhea-AI Filing Summary
Celanese Corp (CE) director Kim K.W. Rucker filed a Form 4 reporting the acquisition of 7.29 shares of phantom stock on 11/12/2025, coded “A.” The filing lists a price of $39.12 for the derivative security.
Each phantom share represents the right to receive one share of common stock, with payment in stock under the company’s 2008 Deferred Compensation Plan after the director’s service ends. Following the transaction, 9,514.09 derivative securities were beneficially owned directly.
Positive
- None.
Negative
- None.
Insights
Routine Form 4 adds 7.29 phantom shares as dividend equivalents.
The filing shows a small addition of 7.29 phantom stock units on 11/12/2025, recorded as an acquisition under code A. The derivative security price is listed at $39.12. Phantom stock here mirrors common stock value and is settled in shares.
The note states these units reflect dividend equivalents credited under the 2008 Deferred Compensation Plan. Settlement occurs in common stock after the director’s service ends, a standard deferral mechanism.
Post-transaction holdings total 9,514.09 derivative securities, directly held. This is administrative and not inherently thesis-changing; any impact depends on future service termination and plan distributions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 7.29 | $39.12 | $285.18 |
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.