Form 4: Celanese Corp Director Kim K.W. Rucker Reports Changes in Beneficial Ownership

Sentiment:

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

DateDescription
03/11/2025Date of transaction: acquisition of phantom stock.
03/13/2025Date of report filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.