Trinseo SVP has shares withheld for taxes
Trinseo PLC senior vice president of supply chain and manufacturing services Rainer Schewe reported a tax-related share disposition.
Rhea-AI Filing Summary
Trinseo PLC senior vice president of supply chain and manufacturing services Rainer Schewe reported a tax-related share disposition. On February 27, 4,028 ordinary shares were withheld by the company at a price of $0.23 per share to cover taxes on vesting restricted stock units. After this withholding, Schewe directly owned 103,415 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,028 shares
Exercise Price or Tax Liability
1 txn
Insider
Schewe Rainer
Role
SVP, SUPPLY CHAIN & MFG SVCS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 4,028 | $0.23 | $926.44 |
Holdings After Transaction:
Ordinary Shares — 103,415 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Company to pay taxes due following the vesting of previously granted restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Trinseo (TSE) report for Rainer Schewe?
Trinseo reported a tax-related share disposition for Rainer Schewe. The company withheld 4,028 ordinary shares to cover taxes due when previously granted restricted stock units vested, rather than Schewe selling shares in the open market.
Was Rainer Schewes Trinseo (TSE) Form 4 transaction an open-market sale?
The transaction was not an open-market sale. Shares were withheld by Trinseo to pay taxes owed when restricted stock units vested, classified as a tax-withholding disposition rather than Schewe choosing to sell shares on the open market.
What role does Rainer Schewe hold at Trinseo (TSE) in this Form 4?
In this Form 4, Rainer Schewe is identified as an officer of Trinseo, serving as senior vice president for supply chain and manufacturing services. The reported transaction relates to his equity compensation and associated tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.