Form 4: Element Solutions CEO Gifts 93,250 Shares to Family Foundation

Element Solutions Inc CEO Benjamin Gliklich gifted 93,250 shares of common stock to The Gliklich Family Foundation in a pre-planned transaction.

Summary

• Benjamin Gliklich, CEO and Director of Element Solutions Inc (ESI), reported a change in beneficial ownership.
• On December 17, 2025, Gliklich gifted 93,250 shares of Element Solutions Inc common stock.
• The shares were gifted to The Gliklich Family Foundation, a family charitable foundation controlled by Gliklich and family members.
• This transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-planned.
• No shares were sold in this transaction, and the price per share was $0, consistent with a gift.
• Following the gift, Gliklich's direct beneficial ownership stands at 1,226,146 shares.
• Gliklich retains voting and investment power over the shares held by the Foundation but has no pecuniary interest in them.

Sentiment

Score: 6

Explanation: The filing reports a planned charitable gift of shares by the CEO, which is generally viewed neutrally or slightly positively as philanthropy. While it reduces direct ownership, the CEO retains voting and investment power over the shares.

Positives

• The transaction represents a bona fide gift to a family charitable foundation, indicating philanthropic activity by the CEO.
• The transaction was pre-planned under a Rule 10b5-1(c) plan, which can help mitigate concerns about insider trading.

Negatives

• A reduction in direct beneficial ownership by a key executive, even if a gift, could be perceived negatively by some investors, though the CEO retains control over the shares.

Future Outlook

N/A

Industry Context

N/A

Related Party Transactions

• Benjamin Gliklich, CEO, gifted 93,250 shares of common stock to The Gliklich Family Foundation, a charitable foundation controlled by him and his family members. He retains voting and investment power but no pecuniary interest in these shares.

Stakeholder Impact

• Shareholders: May observe a reduction in direct insider ownership, but the CEO retains control over the shares via the foundation. The philanthropic nature of the gift might be viewed positively.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific insider transaction.

Key Dates

Recommendation

This Form 4 reports a pre-planned charitable gift of shares by the CEO, not a sale for personal gain. While it reduces direct beneficial ownership, the CEO retains control over the shares through the family foundation. Such a transaction is generally not considered a material event that would alter the fundamental investment thesis for Element Solutions Inc, thus a 'hold' recommendation is appropriate.

Keywords

Element Solutions Inc, ESI, Benjamin Gliklich, CEO, Director, Stock Gift, Form 4, Insider Transaction, Charitable Foundation, Beneficial Ownership, Rule 10b5-1