Form 4: Chemours Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gerardo Familiar Calderon, a Chemours executive, disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2024, Gerardo Familiar Calderon, Pres Advanced Performance Mat at Chemours Co, disposed of 747 shares of common stock at a price of $20.78 per share to cover tax obligations.
- Following the transaction, Calderon directly owns 17,681.8645 shares, which includes directly owned shares, restricted stock units, and dividend equivalent units.
- The transaction was exempt from Section 16(b) pursuant to Rule 16b-3.
- Nicole Perez Lengel, Attorney-in-Fact, signed the Form 4 on March 5, 2024, on behalf of Gerardo Familiar Calderon.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document reports a routine transaction related to tax obligations.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations. Such filings are common and provide transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| 08/03/2023 | Date of Power of Attorney execution. |
| 03/01/2024 | Date of transaction (stock disposal). |
| 03/05/2024 | Date of Form 4 signature. |
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