Form 4: Celanese Corp Director Deborah J. Kissire Reports Changes in Beneficial Ownership

Director Deborah J. Kissire reports acquisition of phantom stock representing dividend equivalents on deferred compensation.

Summary

• On March 11, 2025, Deborah J. Kissire, a director of Celanese Corp, reported a transaction involving phantom stock.
• The transaction involved the acquisition of phantom stock representing dividend equivalents on compensation deferred under the company's 2008 Deferred Compensation Plan.
• Kissire acquired 2.63 shares of phantom stock at a price of $54.61, bringing the total shares of phantom stock beneficially owned to 4,796.368.
• Each share of phantom stock represents the right to receive one share of Celanese Corp common stock, payable following the termination of Kissire's service as a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of phantom stock, a common form of deferred compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom stock related to director compensation.

Key Dates