Element Solutions (NYSE: ESI) director reports RSU vesting and new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASHKEN IAN G H reported acquisition or exercise transactions in this Form 4 filing.
Element Solutions Inc director Ian G H Ashken reported equity compensation and ownership changes. On May 4, 2026, previously granted restricted stock units (RSUs) settled into 6,539 shares of common stock on vesting. Those shares were then transferred from his direct holdings into a revocable trust.
Ashken now indirectly holds 19,949 shares of Element Solutions common stock through the trust, while his direct common share holdings are reported as zero. He also received a new grant of 3,272 RSUs, each representing one share, which will vest on the earlier of May 4, 2027 or the company’s next annual stockholder meeting, with potential accelerated vesting upon a change of control.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,539 shares exercised/converted
Mixed
5 txns
Insider
ASHKEN IAN G H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,539 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,272 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 6,539 | $0.00 | -- |
| Other | Common Stock, par value $0.01 per share | 6,539 | $0.00 | -- |
| Other | Common Stock, par value $0.01 per share | 6,539 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock, par value $0.01 per share — 6,539 shares (Direct, null);
Common Stock, par value $0.01 per share — 19,949 shares (Indirect, By Trust)
Footnotes (1)
- This transaction represents the settlement of previously-reported restricted stock units ("RSUs"), which vested on 5/4/26. Each RSU represented a contingent right to receive one share of the Issuer's common stock. The shares are held by a revocable trust. Mr. Ashken is the trustee of this trust and may be considered to have beneficial ownership of the trust's interests in the Issuer. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein. Each RSU represents a right to receive one share of the Issuer's common stock. These RSUs will vest on the earlier of 5/4/27 and the date of the next annual meeting of stockholders of the Issuer, provided that the reporting person continues to serve as a director of the Issuer through and on such vesting date. The RSUs may, in certain circumstances, become immediately vested as of the date of a change of control of the Issuer.
Key Figures
RSUs settled: 6,539 shares
Shares held by trust: 19,949 shares
New RSU grant: 3,272 RSUs
+3 more
6 metrics
RSUs settled
6,539 shares
Previously reported RSUs vested on May 4, 2026 into common stock
Shares held by trust
19,949 shares
Indirect common stock holdings through revocable trust after transactions
New RSU grant
3,272 RSUs
RSUs granted May 4, 2026, each representing one common share
RSU conversion ratio
1:1
Each RSU represents the right to receive one share of common stock
New RSU vesting date
May 4, 2027
Vests on earlier of May 4, 2027 or next annual meeting, subject to service
Restructuring shares
13,078 shares
Total shares involved in J-code restructuring transactions
Key Terms
Restricted Stock Units, revocable trust, beneficial ownership, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"This transaction represents the settlement of previously-reported restricted stock units ("RSUs"), which vested on 5/4/26."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
revocable trust financial
"The shares are held by a revocable trust. Mr. Ashken is the trustee of this trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
beneficial ownership financial
"may be considered to have beneficial ownership of the trust's interests in the Issuer."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein."
change of control financial
"The RSUs may, in certain circumstances, become immediately vested as of the date of a change of control of the Issuer."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
What insider transactions did Element Solutions Inc (ESI) disclose for Ian G H Ashken?
Element Solutions reported that director Ian G H Ashken settled 6,539 previously granted RSUs into common shares and moved those shares into a revocable trust. He also received a new grant of 3,272 RSUs tied to continued board service and potential change-of-control acceleration.
What new restricted stock units did Element Solutions (ESI) grant to Ian G H Ashken?
Element Solutions granted Ashken 3,272 new RSUs on May 4, 2026. Each RSU represents the right to receive one common share and will vest on the earlier of May 4, 2027, or the next annual stockholder meeting, assuming he continues serving as a director through that vesting date.
When will Ian G H Ashken’s new Element Solutions (ESI) RSUs vest, and can they vest earlier?
The 3,272 newly granted RSUs will vest on the earlier of May 4, 2027, or the date of Element Solutions’ next annual meeting of stockholders, subject to his continued board service. The filing also notes they may become immediately vested upon a change of control of the company.