Tax-related share sale by Tronox (NYSE: TROX) accounting officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tronox Holdings plc Principal Accounting Officer Jonathan Flood reported tax-related share sales. He sold a total of 15,008 shares of common stock in open-market transactions on March 5 and 6 to cover tax withholding obligations tied to vesting restricted stock units.
The reported weighted average sale prices were $7.5503 and $6.5845 per share, with individual trades executed in a range from $6.3850 to $7.1600. Following these sales, Flood directly holds 92,861 shares of Tronox common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,008 shares ($105,581)
Net Sell
2 txns
Insider
Flood Jonathan
Role
Principal Accounting Officer
Sold
15,008 shs ($106K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,008 | $6.5845 | $53K |
| Sale | Common Stock | 7,000 | $7.5503 | $53K |
Holdings After Transaction:
Common Stock — 92,861 shares (Direct)
Footnotes (1)
- Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of previously granted RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.3850 to $7.1600, inclusive. The reporting person undertakes to provide to Tronox Holdings plc, any security holder of Tronox Holdings plc or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.
FAQ
What insider transaction did Tronox (TROX) report for Jonathan Flood?
Tronox reported that Principal Accounting Officer Jonathan Flood sold 15,008 common shares. The transactions occurred on March 5 and 6 through open-market sales, primarily to cover tax withholding obligations from vesting restricted stock units, according to the accompanying Form 4 footnotes.
What type of transaction code appears on Jonathan Flood’s Tronox Form 4?
The Form 4 uses transaction code “S,” indicating open-market or private sale transactions. A related footnote clarifies these sales were executed to satisfy tax withholding obligations triggered by the vesting of previously granted restricted stock units rather than ordinary portfolio selling.