Form 4: Celanese Corp Director Deborah J. Kissire Reports Stock Transaction

Director Deborah J. Kissire reports the disposition of 1,114 shares of Celanese Corp common stock in exchange for an equal number of phantom stock units.

Summary

• On May 15, 2025, Deborah J. Kissire, a director of Celanese Corp, reported a transaction involving the company's stock.
• Kissire disposed of 1,114 shares of common stock.
• This disposition was due to the vesting of 1,114 Restricted Stock Units granted on May 15, 2024.
• Instead of receiving the common stock, Kissire deferred the receipt and received 1,114 shares of phantom stock under the company's 2008 Deferred Compensation Plan.
• Following the reported transaction, Kissire beneficially owns 4,476 shares of common stock directly and 5,913.008 shares of phantom stock.
• The phantom stock represents the right to receive one share of common stock upon termination of service as a director, subject to certain restrictions.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard stock transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock becomes payable in shares of Common Stock upon termination of the reporting person's service as a director of the Company subject to certain restrictions and limitations.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for directors and officers to receive and manage equity compensation as part of their overall remuneration.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves a director's personal investment decisions and deferred compensation.

Key Dates

Keywords

Celanese Corp, Director, Deborah J. Kissire, Stock Transaction, Phantom Stock, Deferred Compensation Plan, Beneficial Ownership, Form 4