Element Solutions (NYSE: ESI) officer settles 90,000-share award, 664K shares owned
Rhea-AI Filing Summary
Element Solutions Inc officer Of Counsel reported equity compensation activity. On 12/10/2025, a share award covering 90,000 shares of common stock was settled, moving those shares into direct ownership. After these transactions, the reporting person directly owned 664,375 shares of Element Solutions Inc common stock.
Of the vested shares, 35,415 were withheld at a price of $27.58 per share to cover estimated tax obligations. The net vested shares are subject to a lock-up starting 12/10/2025, with restrictions expiring in equal parts on the first, second, and third anniversaries of that date. A previously reported 120,000-unit executive stretch performance restricted stock grant was cancelled for no value.
Positive
- None.
Negative
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Award | 90,000 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 90,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 35,415 | $27.58 | $977K |
Footnotes (1)
- Represents settlement of a share award granted and vested on 12/10/2025 as part of the Issuer's continued evaluation of its executive compensation program. Under the terms of the award, the net vested shares are subject to a lock-up agreement, effective 12/10/2025 (the "Lock-up Date"), with restrictions expiring ratably on the first, second and third anniversary of the Lock-up Date. On 12/10/2025, the reporting person's previously-reported executive stretch share grant of 120,000 performance restricted stock units was cancelled for no value. Represents shares withheld to satisfy the estimated tax obligations due upon vesting of the share award described in footnote 1.
FAQ
What insider transaction did Element Solutions Inc (ESI) report in this Form 4?
The filing shows an officer Of Counsel at Element Solutions Inc settled a share award for 90,000 shares of common stock on 12/10/2025, moving those shares into direct ownership.
What happened to the 120,000 performance restricted stock units for Element Solutions Inc (ESI)?
The insider’s previously reported executive stretch grant of 120,000 performance restricted stock units was cancelled for no value on 12/10/2025.
What role does the reporting person hold at Element Solutions Inc (ESI)?
The reporting person is identified as an officer of Element Solutions Inc with the title Of Counsel.