Celanese (NYSE: CE) CEO logs PRSU share vesting and tax-withheld stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Celanese Corp CEO & President Scott A. Richardson reported equity compensation activity in the form of performance-based restricted stock units. On February 15, 2026, he acquired 3,336 shares of common stock at $0.00 per share upon the vesting and settlement of PRSUs originally granted on February 8, 2023.
To cover related tax obligations, 989 shares of common stock were disposed of at $59.12 per share through a tax-withholding transaction rather than an open-market sale. Following these transactions, his direct holdings increased to 72,795.703 common shares, with an additional 596.1055 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Richardson Scott A
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,336 | $0.00 | -- |
| Tax Withholding | Common Stock | 989 | $59.12 | $58K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 73,784.703 shares (Direct);
Common Stock — 596.106 shares (Indirect, by 401(k) Plan)
Footnotes (1)
- Represents performance-based restricted stock units ("PRSUs") granted to the reporting person on February 8, 2023 under the Company's 2018 Global Incentive Plan, as amended, which have vested and been settled. Shares withheld for the payment of taxes on the vesting and settlement of PRSUs.
FAQ
What did Celanese (CE) CEO Scott A. Richardson report in this Form 4?
Scott A. Richardson reported vesting of performance-based restricted stock units converting into 3,336 Celanese common shares. The filing also shows 989 shares withheld at $59.12 per share to cover taxes, plus updated direct and 401(k) plan share balances.
What does the tax-withholding transaction in Celanese (CE) CEO’s Form 4 represent?
The tax-withholding transaction reflects 989 shares delivered at $59.12 per share to cover taxes on vested PRSUs. This mechanism settles tax liabilities using shares rather than cash, and is categorized as a disposition for tax payment purposes.
Which equity plan governed the Celanese (CE) PRSU award to the CEO?
The performance-based restricted stock units were granted under Celanese’s 2018 Global Incentive Plan, as amended. The Form 4 notes these PRSUs were granted on February 8, 2023 and have now vested and been settled into common shares reported in this filing.