Form 4: Celanese Corp: Chief Accounting Officer Acquires Stock Options
SEC Form 4 Filing
Aaron M. McGilvray, Chief Accounting Officer of Celanese Corp, reports the acquisition of nonqualified stock options.
Summary
- On February 26, 2025, Aaron M. McGilvray, the Chief Accounting Officer of Celanese Corp, acquired 2,114 nonqualified stock options.
- These options, granted under the company's 2018 Global Incentive Plan, as amended, have an exercise price of $53.96.
- The options vest in three annual installments starting February 15, 2026, contingent upon continued employment, and expire on February 25, 2035.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing related to stock option grants.
Industry Context
This is a routine filing related to executive compensation and is common practice for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Aaron M. McGilvray acquired 2,114 nonqualified stock options. |
| 02/15/2026 | First vesting date: 33% of the options become exercisable. |
| 02/25/2035 | Expiration date of the options. |
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