Element Solutions (NYSE: ESI) President settles 160K-share award, cancels 210K RSUs
Rhea-AI Filing Summary
Element Solutions Inc executive reports equity award vesting and stock sale. On 12/10/2025, the President, Specialties settled a share award for 160,000 shares of common stock, with the award having a $0 exercise price. Of these shares, 62,960 were withheld to cover estimated taxes, and 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.
The executive then sold 37,000 previously held shares of Element Solutions Inc common stock on 12/12/2025 at a weighted average price of $26.6 per share, leaving 117,393 shares owned directly after the reported transactions. In connection with the compensation changes, a previously reported executive stretch grant of 210,000 performance restricted stock units was cancelled for no value.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 37,000 | $26.60 | $984K |
| Exercise | Share Award | 160,000 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 160,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 62,960 | $27.58 | $1.74M |
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 210,000 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. Represents shares of the Issuer's common stock that were beneficially owned by the reporting person prior to 12/10/2025. This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.13 to $27.44, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
