Form 4: Celanese Corp Director Kim K.W. Rucker Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Kim K.W. Rucker reports an acquisition of phantom stock representing dividend equivalents on deferred compensation.
Summary
- On March 11, 2025, Kim K.W. Rucker, a director of Celanese Corp, reported a transaction involving phantom stock.
- Rucker acquired 4.6 shares of phantom stock representing dividend equivalents on compensation deferred under the company's 2008 Deferred Compensation Plan.
- The price of the phantom stock is $54.61.
- Following the reported transaction, Rucker beneficially owns 8,382.18 derivative securities.
- The phantom stock represents the right to receive one share of Celanese Corp common stock and becomes payable following the termination of Rucker's service as a director.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and there is no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the compensation and holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: acquisition of phantom stock. |
| 03/13/2025 | Date of report filing. |
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