Trinseo CEO reports tax-share withholding
Trinseo PLC CEO and president Frank A. Bozich reported a tax-related share disposition tied to equity compensation.
Rhea-AI Filing Summary
Trinseo PLC CEO and president Frank A. Bozich reported a tax-related share disposition tied to equity compensation. On this Form 4, the company withheld 32,602 Ordinary Shares at $0.3276 per share to cover taxes due upon vesting of restricted stock units. After this withholding, Bozich’s directly held stake is shown as 688,369 Ordinary Shares, and the filing characterizes the event as a tax-withholding disposition rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 32,602 shares
Exercise Price or Tax Liability
1 txn
Insider
BOZICH FRANK A
Role
CEO AND PRESIDENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 32,602 | $0.3276 | $11K |
Holdings After Transaction:
Ordinary Shares — 688,369 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Company to pay taxes due following the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Trinseo (TSE) report for CEO Frank Bozich?
Trinseo reported a tax-withholding disposition for CEO Frank Bozich. The company withheld 32,602 Ordinary Shares to cover taxes due on vesting restricted stock units, rather than Bozich selling shares in an open-market transaction.
Does the Trinseo (TSE) Form 4 indicate an open-market sale by the CEO?
No, the Form 4 reflects a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay taxes after restricted stock units vested, which is a common administrative step in equity compensation programs.
AI-generated analysis. How Rhea-AI works. Not financial advice.