Form 4: Chemours Co Executive Kristine M Wellman Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kristine M Wellman, SVP, GC & Corp. Secretary of Chemours Co, disposed of 363 shares of common stock on August 1, 2024, to cover tax obligations related to vesting restricted stock units and dividend equivalent units.
Summary
- On August 1, 2024, Kristine M Wellman, SVP, GC & Corp. Secretary of Chemours Co, disposed of 363 shares of common stock.
- The disposal was executed to satisfy tax obligations related to the vesting of restricted stock units and dividend equivalent units.
- The shares were disposed of at a price of $23.31 per share.
- Following the transaction, Wellman directly owns 36,145.335 shares of Chemours Co, including directly owned shares, restricted stock units, and dividend equivalent units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations on vested equity.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: disposal of 363 shares of common stock. |
| 08/05/2024 | Date of signature on the Form 4 filing. |
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