Form 4: Chemours Co Executive Kristine M. Wellman Reports Stock Transaction
SEC Filing
Kristine M. Wellman, SVP, GC & Corp. Secretary of Chemours Co, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2025, Kristine M. Wellman, SVP, GC & Corp. Secretary of Chemours Co, disposed of 2,422 shares of common stock at a price of $14.95.
- The transaction was to cover tax obligations on vesting restricted stock units and dividend equivalent units.
- Following the transaction, Wellman directly owns 33,723.335 shares of Chemours Co.
- The transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, which is a common practice.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Kristine M. Wellman disposed of shares. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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