Form 4: Celanese Corp Director Ihlenfeld Reports Acquisition of Phantom Stock

Director Jay V. Ihlenfeld reports acquisition of phantom stock representing dividend equivalents on deferred compensation.

Summary

• On March 11, 2025, Jay V. Ihlenfeld, a director of Celanese Corp, acquired phantom stock.
• The phantom stock represents dividend equivalents on compensation deferred under the company's 2008 Deferred Compensation Plan.
• Ihlenfeld acquired 5.61 shares of phantom stock at a price of $54.61.
• Following the transaction, Ihlenfeld directly owns 10,215.129 shares of phantom stock.
• Each share of phantom stock represents the right to receive one share of Celanese Corp common stock upon termination of service as a director.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates