Form 4: Celanese Director Koenig Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Director Michael Koenig of Celanese Corporation reports the disposal of 335 shares of common stock to cover tax obligations arising from vested restricted stock units.
Summary
- On May 15, 2025, Michael Koenig, a director of Celanese Corporation, disposed of 335 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting and settlement of previously reported time-based restricted stock units.
- The price per share was $51.45.
- Following the transaction, Koenig beneficially owns 6,358 shares of Celanese common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence when restricted stock units vest.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock disposal transaction |
| 05/19/2025 | Date of signature on the Form 4 filing |
Keywords
Celanese, Director, Koenig, Stock Disposal, Form 4, Tax Obligations, Restricted Stock Units, Beneficial Ownership
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.