Trinseo (NYSE: TSE) director reports RSU forfeiture and 48,429-share holding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trinseo PLC director Johnson KLynne reported an “other” restructuring transaction involving 42,484 Ordinary Shares at a stated price of $0.00 per share. A footnote explains this reflects a voluntary forfeiture of restricted stock units that had been previously granted and were not yet vested or settled. Following this transaction, Johnson is reported as directly holding 48,429 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson KLynne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares | 42,484 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 48,429 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restructuring transaction shares: 42,484 shares
Price per share: $0.00 per share
Shares after transaction: 48,429 shares
+1 more
4 metrics
Restructuring transaction shares
42,484 shares
Code J “other” transaction on Ordinary Shares
Price per share
$0.00 per share
Stated for the May 12, 2026 transaction
Shares after transaction
48,429 shares
Ordinary Shares directly held following the reported event
Restructuring shares total
42,484 shares
Classified in summary as restructuringShares
Key Terms
restricted stock units ("RSUs"), voluntary forfeiture, Ordinary Shares, other acquisition or disposition, +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"
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
FAQ
What insider activity did Trinseo (TSE) disclose for Johnson KLynne?
Trinseo disclosed that director Johnson KLynne reported an “other” restructuring transaction involving 42,484 Ordinary Shares. A related footnote describes this as a voluntary forfeiture of unvested and unsettled restricted stock units rather than a typical open-market buy or sell.
Was the Trinseo (TSE) Form 4 transaction a stock purchase or sale?
The Form 4 does not report a standard purchase or sale. It classifies the May 12, 2026 transaction as code J, an “other acquisition or disposition,” linked to a voluntary forfeiture of unvested restricted stock units at a stated price of $0.00 per share.
What does the Trinseo (TSE) Form 4 footnote say about the RSUs?
The footnote states that the transaction reflects a voluntary forfeiture of restricted stock units previously granted on June 25, 2025. It adds that, at the time of forfeiture, this RSU award had not vested or settled, in full or in part, when the restructuring occurred.
What is transaction code J on the Trinseo (TSE) Form 4?
Transaction code J is described as an “other acquisition or disposition” on the Form 4. In this Trinseo filing, it is associated with a restructuring-type event and a voluntary forfeiture of unvested restricted stock units, not a routine open-market trade in Ordinary Shares.