Trinseo (TSE) director Desmond voluntarily forfeits 42,484 unvested RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trinseo PLC director Jeanmarie F. Desmond reported a voluntary forfeiture of equity awards on May 12, 2026. The Form 4 shows an "other" transaction involving 42,484 ordinary shares at a stated price of $0.0000 per share, tied to restricted stock units.
According to the footnote, this reflects a voluntary forfeiture of restricted stock units (RSUs) that were previously granted on June 25, 2025. At the time of forfeiture, the RSU award was not vested or settled, in full or in part, so this is a compensation-related adjustment rather than an open‑market trade. Following the transaction, Desmond directly holds 46,552 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Desmond Jeanmarie F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares | 42,484 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 46,552 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restructuring-related shares: 42,484 shares
Transaction price: $0.0000 per share
Shares after transaction: 46,552 shares
+1 more
4 metrics
Restructuring-related shares
42,484 shares
Shares tied to voluntary RSU forfeiture coded J
Transaction price
$0.0000 per share
Stated price for the Form 4 "other" transaction
Shares after transaction
46,552 shares
Ordinary shares directly owned following the event
Restructuring shares (summary)
42,484 shares
Classified as restructuringShares in transaction summary
Key Terms
restricted stock units ("RSUs"), voluntary forfeiture, Form 4, transaction code "J", +1 more
5 terms
restricted stock units ("RSUs") financial
"Reflects a voluntary forfeiture by the Reporting Person of restricted stock units ("RSUs") that were previously granted"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
voluntary forfeiture financial
"Reflects a voluntary forfeiture by the Reporting Person of restricted stock units"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "J" regulatory
"transaction_code": "J","transaction_code_description": "Other acquisition or disposition""
other acquisition or disposition regulatory
"transaction_code_description": "Other acquisition or disposition""
FAQ
What insider transaction did Trinseo (TSE) director Jeanmarie F. Desmond report?
Jeanmarie F. Desmond reported an "other" transaction on Form 4 involving 42,484 ordinary shares. A footnote explains this reflects a voluntary forfeiture of previously granted restricted stock units that were not vested or settled at the time of forfeiture.
Was the Trinseo (TSE) Form 4 transaction an open-market buy or sell?
No, the Form 4 does not show an open‑market buy or sell. It reports an "other" transaction coded J, tied to a voluntary forfeiture of unvested restricted stock units, with a stated transaction price of zero dollars per share.
What does the footnote in the Trinseo (TSE) Form 4 say about the RSUs?
The footnote states the transaction reflects a voluntary forfeiture of restricted stock units granted on June 25, 2025. It clarifies that, at the time of forfeiture, the RSU award was not vested or settled, in full or in part.