Form 4: Huntsman Corp Executive Jorgensen Reports Stock Transactions

Sentiment:

SEC Form 4


VP & Controller Steven C. Jorgensen reports acquisition and disposal of Huntsman Corp stock, including vesting of restricted stock and settlement of performance share units.

Summary

  • Steven C. Jorgensen, VP & Controller of Huntsman Corp, filed a Form 4 detailing changes in beneficial ownership of company stock.
  • On February 13, 2025, Jorgensen acquired 5,889 shares of restricted stock and 1,405 shares from the settlement of performance share units (PSUs).
  • Shares were withheld to cover tax obligations on February 13 and 14, 2025.
  • Following these transactions, Jorgensen directly owns 32,678 shares of Huntsman Corp stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Positives

  • The vesting of restricted stock and settlement of PSUs indicate that Jorgensen is incentivized to perform well for the company.
  • The vesting of restricted stock shows that the company is investing in its employees.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't provide specific insights into Huntsman's competitive position or broader industry trends.

Stakeholder Impact

  • The transactions reported may have a minor impact on shareholders due to the change in the executive's holdings.
  • The vesting of restricted stock and settlement of PSUs could positively impact employees by incentivizing performance.

Key Dates

DateDescription
January 1, 2022Start of the three-year performance period for performance share units (PSUs).
December 31, 2024End of the three-year performance period for performance share units (PSUs).
February 13, 2025Date of restricted stock grant and PSU settlement.
February 14, 2025Date of tax withholding related to restricted stock vesting.
February 13, 2026First vesting date for the restricted stock granted on February 13, 2025.
February 18, 2025Date of signature on the Form 4 filing.

Keywords

Form 4, Huntsman Corp, Stock Incentive Plan, Performance Share Units, Restricted Stock, Beneficial Ownership, Jorgensen, HUN

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