[144] Element Solutions Inc SEC Filing
Form 144 notice for Element Solutions, Inc. (ESI) reports a proposed sale of 50,000 common shares through Charles Schwab & Co., with an aggregate market value of $1,327,733.00. Those shares represent a small fraction of the company's outstanding common stock (241,616,672 shares). The securities to be sold were acquired as equity compensation: 46,316 shares from a 2022 performance stock lapse, 2,633 shares from a 2022 restricted stock lapse, and 1,051 shares from a 2024 restricted stock lapse. No sales by the same person in the prior three months are reported, and the filer certifies no undisclosed material information.
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Insights
TL;DR: Insider proposes a modest sale worth $1.33M, representing roughly 0.02% of outstanding shares—likely not market-moving.
The filing discloses a routine Rule 144 notice for shares acquired via equity compensation and scheduled for sale through a broker. The aggregate value of the proposed sale is small relative to total outstanding shares, suggesting limited dilution or market impact. Absence of other sales in the prior three months and the equity-compensation origin reduce concerns about opportunistic insider liquidation. This is a standard disclosure consistent with executive or employee monetization of vested awards rather than a material corporate development.
TL;DR: The notice documents a controlled, compliant insider sale of vested compensation shares; disclosure aligns with governance best practices.
The Form 144 indicates the seller acquired the shares through company equity plans and is using a broker to execute a proposed sale. The certification regarding absence of undisclosed material information and the filing itself follows regulatory requirements for transparency. Given the small size of the proposed sale relative to total outstanding shares, this filing does not, by itself, signal a governance concern or change in management intent. It is a routine compliance disclosure consistent with permitted insider sales.