Form 4: Celanese Corp: Officer McGilvray Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Chief Accounting Officer Aaron M. McGilvray reports acquisition and disposal of Celanese Corp stock on February 15, 2025, including shares withheld for tax payments.

Summary

  • On February 15, 2025, Aaron M. McGilvray, Chief Accounting Officer of Celanese Corp, reported transactions involving the company's common stock.
  • McGilvray acquired 158 shares of common stock at $0 related to vested performance-based restricted stock units (PRSUs).
  • He also disposed of 72 shares at $69.13 to cover tax obligations related to the vesting of PRSUs and previously reported time-based restricted stock units.
  • Following these transactions, McGilvray directly owns 5,944.378 shares and indirectly owns 687.5058 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an officer, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding insider activity.

Key Dates

DateDescription
02/09/2022Date of grant of performance-based restricted stock units ('PRSUs') under the Company's 2018 Global Incentive Plan, as amended.
02/15/2025Date of stock transactions: acquisition and disposal of shares.
02/19/2025Date of signature for the Form 4 filing.

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