Form 4: Chemours Officer's Tax Withholding on Stock Vesting
Insider Transaction Report
A Chemours Company officer had 923 shares withheld to cover tax obligations related to vesting restricted stock units and dividend equivalent units.
Summary
- Gerardo Familiar Calderon, President of Advanced Performance Materials at The Chemours Company, had 923 shares of common stock withheld.
- This withholding was to satisfy tax obligations upon the vesting of restricted stock units and dividend equivalent units.
- The transaction occurred on August 1, 2025, with shares valued at $11.5 for tax purposes.
- No shares were sold in the open market.
- Following this transaction, the officer beneficially owns 39,033.9828 shares, including directly owned shares, restricted stock units, and dividend equivalent units.
- The transaction is exempt from Section 16(b) under Rule 16b-3.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding on equity vesting) which is neutral in sentiment. It indicates the normal course of equity compensation for an executive.
Positives
- The transaction represents the vesting of restricted stock units and dividend equivalent units, indicating the fulfillment of equity compensation for the officer.
- The withholding of shares for tax obligations is a routine and expected event for equity compensation.
Negatives
- No shares were sold, so no negative implications from a sale. The withholding is a standard tax event.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically the withholding of shares for tax purposes upon the vesting of equity awards. It does not provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Gerardo M. Familiar Calderon granted Kristine Wellman and Eric Stein power of attorney to execute Forms 3, 4, and 5 on his behalf for SEC compliance. | 08/04/2025 | This is a standard corporate governance practice to facilitate timely and accurate SEC filings for insiders, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. |
Stakeholder Impact
- Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as this is a routine, non-discretionary insider transaction related to executive compensation and tax compliance.
Key Dates
| Date | Description |
|---|---|
| 08/01/2025 | Date of transaction for shares withheld for tax obligations. |
| 08/04/2025 | Date Power of Attorney was executed by Gerardo M. Familiar Calderon. |
| 08/05/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Chemours, CC, Form 4, SEC filing, insider transaction, stock vesting, tax withholding, equity compensation, restricted stock units, dividend equivalent units
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