Element Solutions (NYSE: ESI) CFO settles 240K-share award, withholds shares for tax
Rhea-AI Filing Summary
Element Solutions Inc executive compensation award vests and is settled in stock. On 12/10/2025, the company’s President, Enterprise Operations and Chief Financial Officer, Carey J. Dorman, settled a share award covering 240,000 shares of common stock. After this transaction, he directly owned 305,718 shares.
To cover estimated taxes on the vesting, 132,720 shares were withheld at a price of $27.58 per share. In a separate move the same day, 16,399 shares were gifted to a charitable donor advised fund. The award is subject to a lock-up starting 12/10/2025, with restrictions expiring in equal parts on the first, second and third anniversaries of that date, and a prior grant of 320,000 performance restricted stock units was cancelled for no value.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Award | 240,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.01 per share | 240,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 132,720 | $27.58 | $3.66M |
| Gift | Common Stock, par value $0.01 per share | 16,399 | $0.00 | $0.00 |
Footnotes (3)
- 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 320,000 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 award described in footnote 1.
- F3. Reflects the gift to a charitable donor advised fund of shares of the Issuer's common stock that were beneficially owned by the reporting person prior to 12/10/2025.
FAQ
What insider transaction did Element Solutions Inc (ESI) report for 12/10/2025?
Element Solutions Inc reported that its President, Enterprise Operations and Chief Financial Officer, Carey J. Dorman, settled a share award covering 240,000 shares of common stock on 12/10/2025, resulting in updated beneficial ownership.
Did the Element Solutions Inc (ESI) executive make any charitable gifts of stock?
Yes. The Form 4 notes that 16,399 shares of Element Solutions Inc common stock were gifted to a charitable donor advised fund that held shares previously beneficially owned by the executive.
What happened to the previously granted performance restricted stock units at Element Solutions Inc (ESI)?
On 12/10/2025, the executive’s previously reported executive stretch share grant of 320,000 performance restricted stock units was cancelled for no value, as described in the Form 4 footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.