Element Solutions director settles 225,000-share award, cancels RSUs
Element Solutions Inc director Sir Martin E. Franklin reported equity compensation activity involving the company’s common stock.
Rhea-AI Filing Summary
Element Solutions Inc director Sir Martin E. Franklin reported equity compensation activity involving the company’s common stock. On 12/10/2025, a previously granted share award settled into 225,000 shares of common stock, reflected as an acquisition in his direct holdings and a corresponding entry in the derivative table as a share award with a conversion or exercise price of $0.
The filing notes that, under the award terms, the 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. Following the reported transactions, 334,100 shares of common stock are held indirectly through the Martin E. Franklin Revocable Trust. The report also states that a previously reported executive stretch grant of 300,000 performance restricted stock units was cancelled for no value on the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Award | 225,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 225,000 | $0.00 | $0.00 |
| Other | Common Stock, par value $0.01 per share | 225,000 | $0.00 | $0.00 |
| Other | Common Stock, par value $0.01 per share | 225,000 | $0.00 | $0.00 |
Footnotes (1)
- 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 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 300,000 performance restricted stock units was cancelled for no value.
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