Form 4: Chemours Co Executive Matthew S. Abbott Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Matthew S. Abbott, SVP, Chief Enterprise Transformation Officer of Chemours Co, reported disposing of 453 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, Matthew S. Abbott, SVP, Chief Enterprise Transformation Officer of Chemours Co, disposed of 453 shares of common stock.
- The shares were disposed of to satisfy tax obligations related to vesting restricted stock units and dividend equivalent units.
- The transaction was executed at a price of $23.31 per share.
- Following the transaction, Abbott directly owns 45,837.1789 shares, including directly owned shares, restricted stock units, and dividend equivalent units.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (disposal of shares for tax obligations) and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Disposal of 453 shares of common stock. |
| 08/05/2024 | Date of signature on the Form 4 filing. |
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