Element Solutions (NYSE: ESI) CEO reports 750,000-share vesting and lock-up
Rhea-AI Filing Summary
Element Solutions Inc CEO and director Benjamin Gliklich reported equity compensation activity on 12/10/2025. A share award covering 750,000 shares of common stock was settled, increasing his directly held shares to 1,614,521 before tax withholding. To cover estimated taxes on the vesting, 295,125 shares were withheld at a price of $27.58 per share, leaving him with 1,319,396 shares held directly afterward.
The settled award is subject to a lock-up effective 12/10/2025, with restrictions expiring in equal portions on the first, second and third anniversaries of that date. At the same time, a previously reported “executive stretch” grant of 1,000,000 performance restricted stock units was cancelled for no value as part of the ongoing evaluation of the company’s executive compensation program.
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FAQ
What insider transaction did Element Solutions Inc (ESI) report for its CEO?
Element Solutions Inc reported that CEO and director Benjamin Gliklich settled a share award for 750,000 shares of common stock on 12/10/2025, increasing his directly held shares before tax withholding.
How many Element Solutions Inc (ESI) shares does the CEO own after this Form 4 transaction?
After the reported transactions on 12/10/2025, Benjamin Gliklich beneficially owns 1,319,396 shares of Element Solutions Inc common stock directly.
Why were some Element Solutions Inc (ESI) shares withheld in this Form 4 filing?
The filing states that 295,125 shares of Element Solutions Inc common stock were withheld at $27.58 per share to satisfy estimated tax obligations due upon vesting of the share awards.
What lock-up restrictions apply to the Element Solutions Inc (ESI) CEO’s vested shares?
The net vested shares from the 750,000-share award are subject to a lock-up effective 12/10/2025, with restrictions expiring ratably on the first, second and third anniversaries of that lock-up date.
What happened to the 1,000,000 performance restricted stock units at Element Solutions Inc (ESI)?
The filing notes that a previously reported executive stretch grant of 1,000,000 performance restricted stock units held by the CEO was cancelled for no value on 12/10/2025 as part of the company’s continued evaluation of its executive compensation program.
What type of securities are involved in the Element Solutions Inc (ESI) CEO’s Form 4?
The Form 4 covers common stock, par value $0.01 per share, acquired through settlement of a share award and shares withheld for taxes, as well as a related derivative share award reported as being settled into common stock.