Trinseo SVP has shares withheld for taxes
Trinseo PLC executive reports routine tax-related share disposition.
Rhea-AI Filing Summary
Trinseo PLC executive reports routine tax-related share disposition. SVP and CHRO Paula M. Cooney had 7,670 Ordinary Shares withheld by the company at a price of $0.23 per share to cover taxes due on vested restricted stock units. After this tax-withholding event, she directly owned 118,318 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 7,670 shares
Exercise Price or Tax Liability
1 txn
Insider
Cooney Paula M.
Role
SVP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 7,670 | $0.23 | $2K |
Holdings After Transaction:
Ordinary Shares — 118,318 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 Paula M. Cooney?
Trinseo reported that SVP and CHRO Paula M. Cooney had shares withheld for taxes. The company withheld 7,670 Ordinary Shares to satisfy tax obligations arising from the vesting of restricted stock units, a common administrative transaction for equity compensation.
What does transaction code "F" mean in the Trinseo (TSE) Form 4 filing?
Transaction code “F” designates a tax-withholding disposition. In this case, it indicates Trinseo withheld 7,670 Ordinary Shares from Paula M. Cooney to satisfy tax liabilities resulting from restricted stock units vesting, rather than her selling shares on the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.