Form 4: Chemours Co Director Satterthwaite Livingston Reports Stock Unit Acquisition and Holdings
SEC Form 4 Filing
Director Satterthwaite Livingston reported acquiring 8,547 stock units of Chemours Co on August 6, 2024, which convert to common stock upon separation from the board.
Summary
- On August 6, 2024, Satterthwaite Livingston, a director of Chemours Co, acquired 8,547 stock units.
- These stock units will convert one-for-one to Chemours common stock upon separation from service on the board.
- The transaction was reported on August 7, 2024.
- Following the transaction, Satterthwaite Livingston beneficially owns 8,547 shares, including stock units and dividend equivalent units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of stock unit acquisition by a director.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: Acquisition of 8,547 stock units. |
| 08/07/2024 | Date of Form 4 filing. |
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