Tronox director gets stock grant, shares withheld
Tronox Holdings plc director Jean Francois Turgeon reported routine equity compensation activity.
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Rhea-AI Filing Summary
Tronox Holdings plc director Jean Francois Turgeon reported routine equity compensation activity. He received a grant of 15,690 restricted share units of common stock, which are scheduled to vest on the earlier of the 2027 annual general meeting of shareholders or May 31, 2027, so long as he continues serving on the board. Separately, the company withheld 14,538 shares of previously granted restricted common stock to cover withholding tax obligations, and Mr. Turgeon received 12,685 shares from that vesting. After these transactions, he directly holds 755,161 Tronox common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 14,538 | $9.79 | $142K |
| Grant/Award | Common Stock | 15,690 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Company withheld 14,538 shares to satisfy withholding tax obligations and Mr. Turgeon received the balance of 12,685 shares of previously granted restricted common stock. No shares were sold..
- F2. 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
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What insider transactions did Tronox (TROX) director Jean Francois Turgeon report?
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