Tronox (NYSE: TROX) director receives share grant as tax shares withheld
Rhea-AI Filing Summary
Tronox Holdings plc director Ilan Kaufthal reported routine equity compensation activity, not open-market trading. He acquired common stock through a grant or award and, on the same date, the company withheld shares to cover tax obligations. A footnote states Tronox withheld 4,032 shares for withholding tax and Kaufthal received 23,191 shares of previously granted restricted common stock, with no shares sold. After these transactions, he directly held 290,312 Tronox common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,032 | $9.79 | $39K |
| Grant/Award | Common Stock | 15,690 | $0.00 | -- |
Footnotes (1)
- The Company withheld 4,032 shares to satisfy withholding tax obligations and Mr. Kaufthal received the balance of 23,191 shares of previously granted restricted common stock. No shares were sold. Pursuant to the Director's restricted share unit agreement, the restricted share units subject to this grant shall vest on the earlier of: a) the date of the 2027 annual general meeting of shareholders or (b) May 31, 2027 (the "Vesting Date"), provided that the participant is then providing services to the Board on the Vesting Date.
Key Figures
Key Terms
withholding tax obligations financial
restricted common stock financial
Vesting Date financial
transaction code F financial
FAQ
What insider transaction did Ilan Kaufthal report for Tronox (TROX)?
Ilan Kaufthal reported receiving a grant or award of Tronox common stock and a related tax-withholding disposition. The activity reflects routine director equity compensation rather than an open-market purchase or sale, according to the Form 4 data and accompanying footnotes.
What are Ilan Kaufthal’s Tronox (TROX) holdings after these transactions?
Following the grant/award acquisition and the tax-withholding disposition, Ilan Kaufthal directly held 290,312 shares of Tronox common stock. This post-transaction balance is disclosed in the Form 4 as his total direct ownership.