Tronox Holdings (NYSE: TROX) adds director, declares $0.05 dividend
Rhea-AI Filing Summary
Tronox Holdings plc appointed Keith Schwarz as an independent director effective July 29, 2026, and named him to its audit committee. He brings over 35 years of public accounting and advisory experience, including leadership and SEC engagement quality review roles at KPMG.
Schwarz will receive an annual cash retainer of $100,000, plus $15,000 annually for audit committee service, and an annual grant of time-based restricted share units valued at $150,000. The board also declared a quarterly cash dividend of $0.05 per share, payable October 9, 2026 to shareholders of record on August 10, 2026.
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8-K Event Classification
3 items: 5.02, 8.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly dividend: $0.05 per share
Director annual cash retainer: $100,000
Audit committee retainer: $15,000
+2 more
5 metrics
Quarterly dividend
$0.05 per share
Declared for payment on October 9, 2026 to shareholders of record on August 10, 2026
Director annual cash retainer
$100,000
Annual cash retainer for Keith Schwarz as a non-employee director
Audit committee retainer
$15,000
Additional annual cash retainer for serving as a member of the audit committee
Annual equity grant
$150,000
Fair market value of time-based restricted share units granted annually to Keith Schwarz
Employees
Approximately 5,700
Global workforce across six continents
Key Terms
independent director, audit committee, time-based restricted share units, shareholders of record
4 terms
independent director regulatory
"the Board of Directors ... appointed Keith Schwarz as an independent director"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
audit committee regulatory
"Mr. Schwarz was also appointed to serve as a member of the Company’s audit committee"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What board change did Tronox Holdings (TROX) report on July 29, 2026?
Tronox Holdings reported that its Board appointed Keith Schwarz as an independent director effective July 29, 2026, and named him to the audit committee. He brings more than 35 years of public accounting and advisory experience, including senior roles at KPMG.
How is new Tronox Holdings (TROX) director Keith Schwarz being compensated?
Keith Schwarz will receive an annual cash retainer of $100,000, an additional $15,000 annually for serving on the audit committee, and an annual equity grant of time-based restricted share units with a fair market value of $150,000, aligning him with other non-employee directors.
What dividend did Tronox Holdings (TROX) declare for the third quarter of 2026?
Tronox declared a quarterly cash dividend of $0.05 per share. The dividend is payable on October 9, 2026 to shareholders of record at the close of business on August 10, 2026, as approved by the company’s Board of Directors.
When are the record and payment dates for Tronox (TROX) Q3 2026 dividend?
Shareholders of record on August 10, 2026 will be eligible for Tronox’s quarterly dividend of $0.05 per share. The company plans to pay this dividend on October 9, 2026, according to the announcement by its Board of Directors.
What business is Tronox Holdings (TROX) in and how many people does it employ?
Tronox is a leading integrated producer of titanium dioxide pigment, specialty titanium products, high-purity titanium chemicals, zircon and related minerals. It mines titanium-bearing mineral sands and operates upgrading facilities, employing approximately 5,700 people across six continents in its global operations.