[144] Element Solutions Inc SEC Filing
Element Solutions Inc (ESI) Form 144 summary: An individual proposes a sale of 117,637 common shares via Charles Schwab & Co., Inc., with an aggregate market value of $3,124,530.00. The shares outstanding are listed as 241,616,672. The securities were acquired and are proposed to be sold on 09/18/2025 following an employee stock option exercise and the transaction is described as a cashless exercise where the broker pays for the exercise. No securities sold in the past three months are reported.
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Insights
TL;DR: Routine post-exercise sale of employee-held shares; transaction appears administrative and not clearly material to shareholders.
The filing discloses a single proposed sale of 117,637 common shares acquired and to be sold on 09/18/2025 through a cashless exercise, executed via Charles Schwab & Co., Inc. At an aggregate value of $3.12 million against 241.6 million shares outstanding, the position represents a very small percentage of total shares outstanding and is consistent with routine employee liquidity following option exercise. The notice includes the seller's representation about lack of undisclosed material information. No other sales in the prior three months are reported.
TL;DR: Disclosure aligns with Rule 144 requirements; provides required broker, quantity, and acquisition details.
The Form 144 supplies the necessary elements under Rule 144: identity of broker, number of shares, aggregate market value, outstanding shares, acquisition date, and nature of acquisition (employee stock option exercise with broker payment for cashless exercise). The filing includes the seller's signature representation regarding material nonpublic information. There are no indications of aggregated sales over the last three months, which simplifies compliance review.