Element Solutions CEO settles 750,000-share award
Element Solutions Inc CEO Benjamin Gliklich settled a 750,000-share equity award into common stock on 12/10/2025 as part of the company’s executive compensation program.
Rhea-AI Filing Summary
Element Solutions Inc CEO Benjamin Gliklich settled a 750,000-share equity award into common stock on 12/10/2025 as part of the company’s executive compensation program. 295,125 shares were withheld at $27.58 per share to cover taxes, and a 1,000,000-unit performance RSU grant was cancelled for no value. The net vested shares are subject to a three-year lock-up from 12/10/2025, and he now directly holds 1,319,396 common shares.
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Insights
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Insider Trade Summary
750,000 shares exercised/converted
Exercise
3 txns
Insider
Gliklich Benjamin
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Award | 750,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 750,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 295,125 | $27.58 | $8.14M |
Holdings After Transaction:
Share Award — 0 contracts (Direct);
Common Stock, par value $0.01 per share — 1,319,396 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Represents shares withheld to satisfy the estimated tax obligations due upon vesting of the share awards described in footnote 1.
Key Figures
Share award settled: 750,000 shares
Shares withheld for taxes: 295,125 shares
Tax withholding price: $27.58 per share
+2 more
5 metrics
Share award settled
750,000 shares
Equity share award settled into common stock on 12/10/2025
Shares withheld for taxes
295,125 shares
Common shares withheld at $27.58 per share to satisfy tax obligations on 12/10/2025
Tax withholding price
$27.58 per share
Per-share value used for the tax-withholding disposition of common stock
Performance RSUs cancelled
1,000,000 units
Executive stretch share grant of performance restricted stock units cancelled for no value on 12/10/2025
Common shares held after transaction
1,319,396 shares
Direct Element Solutions Inc common stock holding after the reported transactions
Key Terms
performance restricted stock units, lock-up agreement, executive compensation program, stretch share grant
4 terms
performance restricted stock units financial
"executive stretch share grant of 1,000,000 performance restricted stock units was cancelled"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
lock-up agreement financial
"net vested shares are subject to a lock-up agreement, effective 12/10/2025"
A lock-up agreement is a contract that prevents company insiders and early investors from selling their shares for a fixed period after a stock sale, often after an initial public offering. It matters to investors because it temporarily limits the number of shares that can hit the market, which can keep the share price steadier; when the lock-up ends, a sudden increase in available shares can create extra volatility, revealing insiders’ confidence or lack thereof.
executive compensation program financial
"as part of the Issuer's continued evaluation of its executive compensation program"
A plan that determines how top managers are paid and rewarded, typically combining salary, bonuses, stock grants or options, and long-term incentive awards. Investors care because this pay package both affects a company’s costs and signals whether executives’ incentives are aligned with shareholder interests—like setting a coach’s bonus to team wins, it can motivate performance or create risky behavior if structured poorly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did CEO Benjamin Gliklich report in Element Solutions Inc (ESI) Form 4?
Benjamin Gliklich reported settlement of a 750,000-share award into common stock, a tax-withholding disposition of 295,125 shares, and cancellation of a 1,000,000-unit performance RSU grant. These changes arose from Element Solutions’ executive compensation program on 12/10/2025.
What happened to the 1,000,000 performance restricted stock units in Element Solutions Inc (ESI)?
A previously reported executive stretch share grant of 1,000,000 performance restricted stock units was cancelled for no value on 12/10/2025. This cancellation was part of Element Solutions’ continued evaluation of its executive compensation program, as described in the Form 4 footnotes.
What lock-up restrictions apply to Benjamin Gliklich’s vested Element Solutions Inc (ESI) shares?
The net vested shares are subject to a lock-up agreement effective 12/10/2025, with restrictions expiring ratably on the first, second and third anniversaries of that date. This schedule limits Gliklich’s ability to transfer those shares during the three-year period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
