Element Solutions (NYSE: ESI) president gets new PSUs and RSUs
Rhea-AI Filing Summary
Element Solutions Inc President, Electronics Richard L. Fricke reported multiple equity compensation events. On February 10, 2026, previously granted performance restricted stock units (PRSUs) and restricted stock units (RSUs) settled into common stock, including 13,582 shares from a 2023 PRSU award and additional shares from 2023–2025 RSU grants.
On February 11, 2026, he disposed of 6,175, 845, 1,557 and 1,446 common shares at $31.99 per share solely to cover tax withholdings tied to these vestings. After these transactions he directly owns 52,771 common shares.
Fricke also received new awards on February 10, 2026 of 23,726 performance stock units and 11,862 RSUs. Each new PRSU can convert into up to three shares based on adjusted EBITDA and EPS goals plus a relative total shareholder return test for the period ending December 31, 2028, while the new RSUs vest in one‑third increments over the next three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 6,175 | $31.99 | $198K |
| Tax Withholding | Common Stock, par value $0.01 per share | 845 | $31.99 | $27K |
| Tax Withholding | Common Stock, par value $0.01 per share | 1,557 | $31.99 | $50K |
| Tax Withholding | Common Stock, par value $0.01 per share | 1,446 | $31.99 | $46K |
| Exercise | Performance Stock Units | 10,060 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,677 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,477 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,229 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 23,726 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 11,862 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 13,582 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 1,677 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 3,477 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 3,229 | $0.00 | -- |
Footnotes (1)
- Represents settlement of a performance restricted stock unit ("PRSU") award previously reported in 2023. Each PRSU represented a contingent right to receive up to two shares of the Issuer's common stock. Represents disposed shares to cover tax withholdings due upon vesting of the PRSUs described in footnote 1. Represents settlement of 1/3 of a restricted stock unit ("RSUs") award previously reported in 2023. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Represents disposed shares to cover tax withholdings due upon vesting of the RSUs described in footnote 3. Represents settlement of 1/3 of a RSU award previously reported in 2024. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Represents disposed shares to cover tax withholdings due upon vesting of the RSUs described in footnote 5. Represents settlement of 1/3 of a RSU award previously reported in 2025. Each RSU represented a contingent right to receive one share of the Issuer's common stock. Represents disposed shares to cover tax withholdings due upon vesting of the RSUs described in footnote 7. Each PRSU represents a contingent right to receive up to three shares of the Issuer's common stock, subject to the achievement of certain adjusted EBITDA compound annual growth and adjusted earnings per share goals for the performance period ending on December 31, 2028 and a relative total shareholder return (TSR) modifier based on the Issuer's TSR in comparison to its peer group for that same period. The number of shares reported in column 7 will range from zero to 71,178 shares. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The grant will vest in 1/3 increments over the next three years.
FAQ
What insider transactions did ESI executive Richard L. Fricke report on this Form 4?
What new performance stock units did ESI grant to Richard L. Fricke?
What new restricted stock units did Element Solutions (ESI) grant to Richard L. Fricke?
How were earlier PRSU and RSU awards for ESI’s Richard L. Fricke settled?