Tronox (NYSE: TROX) director gets stock grant and tax withholding entry
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tronox Holdings plc director Stephen J. Jones reported routine equity compensation and tax withholding transactions. He received a grant of 15,690 shares of common stock at no cost as a director award. Separately, 24,342 shares of previously granted restricted common stock vested, and the company withheld 2,881 shares at $9.79 per share to cover withholding tax obligations; no shares were sold. Following these transactions, Jones holds 92,533 shares of Tronox common stock directly and 51,000 shares indirectly through the Stephen J. Jones Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Jones Stephen J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,881 | $9.79 | $28K |
| Grant/Award | Common Stock | 15,690 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 92,533 shares (Direct, null);
Common Stock — 51,000 shares (Indirect, Stephen J. Jones Revocable Trust)
Footnotes (1)
- The Company withheld 2,881 shares to satisfy withholding tax obligations and Mr. Jones received the balance of 24,342 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
Director stock grant: 15,690 shares
Tax-withheld shares: 2,881 shares
Direct holdings after transactions: 92,533 shares
+3 more
6 metrics
Director stock grant
15,690 shares
Common stock granted to Stephen J. Jones at $0.00 per share
Tax-withheld shares
2,881 shares
Withheld to satisfy tax obligations on vested restricted stock at $9.79 per share
Direct holdings after transactions
92,533 shares
Tronox common stock directly owned by Stephen J. Jones after the Form 4 events
Indirect holdings via trust
51,000 shares
Tronox common stock held through the Stephen J. Jones Revocable Trust
Vested restricted shares received
24,342 shares
Previously granted restricted common stock received upon vesting, per footnote
Tax withholding price
$9.79 per share
Value used for 2,881 shares withheld for tax obligations
Key Terms
restricted common stock, restricted share unit agreement, withholding tax obligations, Vesting Date
4 terms
restricted common stock financial
"Mr. Jones received the balance of 24,342 shares of previously granted restricted common stock."
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
withholding tax obligations financial
"The Company withheld 2,881 shares to satisfy withholding tax obligations..."
Vesting Date financial
"...shall vest on the earlier of the 2027 annual general meeting of shareholders or May 31, 2027 (the "Vesting Date")..."
FAQ
What insider transactions did Tronox (TROX) director Stephen J. Jones report?
Stephen J. Jones reported a routine equity award and related tax withholding. He was granted 15,690 Tronox common shares at no cost and had 2,881 shares withheld at $9.79 per share to satisfy withholding tax obligations on vested restricted stock; no shares were sold.