CE.NYSECelanese CORP

Form 4: Celanese Corp SVP & CFO Chuck Kyrish Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing

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Chuck Kyrish, SVP & CFO of Celanese Corp, reports the acquisition and disposal of common stock on February 15, 2025, according to a Form 4 filing.

Summary

  • On February 15, 2025, Chuck Kyrish, SVP & CFO of Celanese Corp, engaged in transactions involving the company's common stock.
  • Kyrish acquired 412 shares of common stock at $0 per share due to the vesting and settlement of performance-based restricted stock units (PRSUs).
  • He also disposed of 267 shares of common stock at $69.13 per share to cover tax obligations related to the vesting of PRSUs and previously reported time-based restricted stock units.
  • Following these transactions, Kyrish directly owns 5,914.476 shares of Celanese Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

DateDescription
February 9, 2022Performance-based restricted stock units (PRSUs) granted to the reporting person under the Company's 2018 Global Incentive Plan, as amended.
February 15, 2025Date of transaction: Acquisition of 412 shares and disposal of 267 shares of Celanese Corp common stock.
February 19, 2025Date of signature for the Form 4 filing.

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