Form 4: Celanese Director Scott McDougald Sutton Reports Acquisition of 3,376 Shares of Common Stock

Director Scott McDougald Sutton reports acquiring 3,376 shares of Celanese Corp common stock through a restricted stock unit grant.

Summary

• On May 9, 2025, Scott McDougald Sutton, a director of Celanese Corp, acquired 3,376 shares of common stock.
• The acquisition was an annual grant of restricted stock units under the company's Amended and Restated 2018 Global Incentive Plan.
• The restricted stock units vest in full on the one-year anniversary of the grant date.
• Upon vesting, the shares will be deferred under the company's 2008 Deferred Compensation Plan, resulting in the receipt of phantom stock payable in common stock upon a future date or termination of service.
• Following the transaction, Sutton directly owns 18,376 shares of Celanese Corp common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating confidence in the company's future performance. It's a neutral event with a slightly positive undertone due to the alignment of interests.

Positives

• The grant of restricted stock units aligns the director's interests with the company's long-term performance.
• The deferred compensation plan allows for tax-advantaged accumulation of wealth.

Future Outlook

Upon vesting of the restricted stock units, the reporting person will receive an equal number of shares of phantom stock, payable in shares of Common Stock upon the earlier of the date previously elected by the reporting person to receive payment or the termination of the reporting person's service as a director of the Company.

Industry Context

This filing is a routine disclosure of a director's stock-based compensation, which is a common practice in publicly traded companies to incentivize and align the interests of executives and board members with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's performance.

Key Dates

Keywords

Celanese Corp, Scott McDougald Sutton, Director, Form 4, Restricted Stock Units, Common Stock, Beneficial Ownership, Deferred Compensation Plan