Form 4: Celanese Corp Director Edward G. Galante Reports Changes in Beneficial Ownership

Director Edward G. Galante reports changes in beneficial ownership of Celanese Corp stock due to dividend equivalents on deferred compensation.

Summary

• On March 11, 2025, Edward G. Galante, a director of Celanese Corp, reported changes in beneficial ownership.
• The changes involve phantom stock representing dividend equivalents on compensation deferred under the company's 2008 Deferred Compensation Plan.
• Galante acquired 3.73 shares of phantom stock at a price of $54.61, resulting in a total of 6,789.515 shares of phantom stock beneficially owned.
• These shares are payable in common stock following the termination of Galante's service as a director.

Sentiment

Score: 5

Explanation: This is a neutral filing related to routine stock ownership changes due to deferred compensation. It doesn't indicate positive or negative sentiment.

Future Outlook

The phantom stock will be payable in shares of common stock following the termination of the reporting person's service as a director of the Company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the compensation and stock ownership of a company director.

Key Dates