Form 4: Chemours Co Executive Reports Tax Withholding on Restricted Stock Units
SEC Form 4 Filing
Alvenia Scarborough, SVP Corp Communications & CBO of Chemours Co, reports the withholding of shares to cover tax obligations on vesting restricted stock units.
Summary
- On March 1, 2024, Alvenia Scarborough, SVP Corp Communications & CBO of Chemours Co, had 612 shares of common stock withheld to satisfy tax obligations related to vesting restricted stock units.
- The transaction was executed at a price of $20.78 per share.
- Following the transaction, Scarborough beneficially owns 17,313.0182 shares of Chemours Co common stock, including directly owned shares, restricted stock units, and dividend equivalent units.
- The reporting person has a Power of Attorney designating Kristine Wellman and Nicole Perez Lengel to act on their behalf for SEC filings.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common among publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 2023-07-25 | Date of Power of Attorney execution. |
| 2024-03-01 | Date of transaction (tax withholding). |
| 2024-03-05 | Date of Form 4 filing. |
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