Insider Sale: Edward Galante disposes 2,400 CE shares at ~$41.27
Rhea-AI Filing Summary
Edward G. Galante, a director of Celanese Corporation (CE), reported a sale of company common stock on 08/14/2025. The Form 4 shows 2,400 shares were disposed of at a weighted-average price of $41.272 per share, with prices in the range $40.98 to $41.45. After the reported transaction, Mr. Galante beneficially owned 21,377 shares. The filing was signed by an attorney-in-fact on 08/18/2025 and notes the seller can provide exact per-transaction quantities on request.
Positive
- None.
Negative
- Director disposed of 2,400 shares, which reduces his beneficial ownership to 21,377 shares
- Form does not state a 10b5-1 plan or reason for sale, limiting contextual information about the transaction
Insights
TL;DR: A director sold a small parcel of shares, reducing holdings to 21,377 shares; transaction appears routine.
The Form 4 documents a single non-derivative disposition of 2,400 common shares at a weighted-average price of $41.272 on 08/14/2025, with execution prices between $40.98 and $41.45. The report is signed by an attorney-in-fact. This is a straightforward disclosure of insider selling activity; the filing does not include information about the reason for sale, any related plans, or other concurrent transactions.
TL;DR: Disclosure meets Section 16 reporting requirements for a director sale; no governance red flags are evident in the form.
The document identifies Edward G. Galante as a director and reports the disposal, the post-transaction beneficial ownership, and an explanation that the reported price is a weighted average across multiple trades. The form includes an attorney-in-fact signature and provides for supplemental disclosure of per-trade details upon request. There are no statements on 10b5-1 plans or other arrangements in this filing.