Trinseo (NYSE: TSE) director forfeits 42,484 unvested restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trinseo PLC director Henri Steinmetz reported an administrative equity change involving 42,484 shares. The Form 4 shows an "other" transaction in which 42,484 units linked to Ordinary Shares were adjusted at a price of $0.00 per share.
A footnote explains this reflects a voluntary forfeiture of restricted stock units that had been granted earlier and were not yet vested or settled. After this change, Steinmetz is shown as directly holding 53,453 Ordinary Shares, so the filing records a restructuring of unvested awards rather than a market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STEINMETZ HENRI
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares | 42,484 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 53,453 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs forfeited: 42,484 units
Price per share: $0.00 per share
Shares held after: 53,453 shares
3 metrics
RSUs forfeited
42,484 units
Voluntary forfeiture of unvested restricted stock units
Price per share
$0.00 per share
Stated transaction price for the "other" equity adjustment
Shares held after
53,453 shares
Ordinary Shares directly held by Henri Steinmetz after transaction
Key Terms
restricted stock units ("RSUs"), voluntary forfeiture, not vested or settled, transaction code "J"
4 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"
not vested or settled financial
"At the time of forfeiture, the RSU award was not vested or settled, in full or in part"
transaction code "J" regulatory
"transaction_code": "J""
FAQ
What insider transaction did Trinseo (TSE) report for Henri Steinmetz?
Trinseo reported an "other" insider transaction for director Henri Steinmetz involving 42,484 Ordinary Shares. A footnote clarifies this reflects a voluntary forfeiture of previously granted, unvested restricted stock units rather than an open-market buy or sell of shares.
Does the Henri Steinmetz Trinseo (TSE) filing show a stock purchase or sale?
The filing does not show a traditional stock purchase or sale. Instead, it reports an "other" transaction in which 42,484 unvested restricted stock units were voluntarily forfeited at a stated price of $0.00 per share, indicating a non-market administrative adjustment.
What does the footnote in the Trinseo (TSE) Form 4 for Henri Steinmetz explain?
The footnote explains the entry reflects a voluntary forfeiture of restricted stock units granted on June 25, 2025. It states the RSU award was not vested or settled, in full or in part, clarifying that this was an adjustment to unvested awards rather than trading of existing shares.