Celanese CEO reports PRSU vesting, tax withholding
Celanese Corp CEO & President Scott A. Richardson reported equity compensation activity in the form of performance-based restricted stock units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,336 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 989 | $59.12 | $58K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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?
What does the tax-withholding transaction in Celanese (CE) CEO’s Form 4 represent?
Which equity plan governed the Celanese (CE) PRSU award to the CEO?
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