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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Award | 750,000 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 750,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 295,125 | $27.58 | $8.14M |
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 1,000,000 performance restricted stock units was cancelled for no value. Represents shares withheld to satisfy the estimated tax obligations due upon vesting of the share awards described in footnote 1.
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.
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.