Form 4: Element Solutions Inc. Director Settles Restricted Stock Units
SEC Form 4 Filing
Nichelle Maynard-Elliott, a director of Element Solutions Inc., settled previously-reported restricted stock units on June 4, 2024.
Summary
- On June 4, 2024, Nichelle Maynard-Elliott, a director of Element Solutions Inc., settled 7,365 restricted stock units (RSUs).
- Each RSU represented a contingent right to receive one share of Element Solutions Inc.'s common stock.
- Following the transaction, Maynard-Elliott directly owns 32,154 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The settlement of RSUs has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of transaction and vesting of restricted stock units |
| 06/05/2024 | Date of signature on the Form 4 filing |
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