Form 4: Chemours CEO Denise Dignam Reports Stock Transactions
SEC Form 4 Filing
Chemours CEO Denise Dignam reports the vesting of performance share units and shares withheld for tax obligations.
Summary
- On March 27, 2024, Denise Dignam, President & CEO of Chemours Co, reported transactions involving the company's common stock.
- 9,496 performance share units (PSUs) vested, resulting in the acquisition of common stock at a price of $0.00.
- 3,058 shares were automatically withheld to satisfy tax obligations related to the vesting of the PSUs at a price of $28.88.
- Following these transactions, Dignam beneficially owns 40,896.7969 shares of Chemours common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/27/2024 | Date of stock transactions: vesting of PSUs and tax withholding. |
| 03/29/2024 | Date of signature on the Form 4 filing. |
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.