Form 4: Celanese Corp Director Rucker Reports Acquisition and Disposition of Shares

Director Kim K.W. Rucker reports the disposition of 1,114 common stock shares and acquisition of 1,114 phantom stock shares due to deferred compensation plan.

Summary

• On May 15, 2025, Kim K.W. Rucker, a director of Celanese Corp, reported a transaction involving the company's stock.
• Rucker disposed of 1,114 shares of common stock.
• This disposition was due to the vesting of restricted stock units granted on May 15, 2024, and the subsequent deferral of common stock receipt in favor of phantom stock under the company's 2008 Deferred Compensation Plan.
• In exchange for the disposed common stock, Rucker acquired 1,114 shares of phantom stock.
• Following the reported transaction, Rucker directly owns 3,432 shares of common stock and 9,500.79 shares of phantom stock.
• The phantom stock is payable in common stock upon termination of Rucker's service as a director, subject to certain restrictions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. 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 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director stock ownership.
• The use of phantom stock as part of deferred compensation may impact the company's future cash flow when the phantom stock is settled.

Key Dates

Keywords

Form 4, Celanese Corp, Director, Rucker, Kim K.W. Rucker, Stock Transaction, Phantom Stock, Deferred Compensation, Beneficial Ownership