Form 4: Trinseo PLC CEO Frank Bozich Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO Frank Bozich disposed of 18,795 ordinary shares of Trinseo PLC to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 22, 2025, Frank A. Bozich, CEO and President of Trinseo PLC, disposed of 18,795 ordinary shares.
- The shares were withheld by the company to cover tax obligations related to the vesting of previously granted restricted stock units.
- Following the transaction, Bozich directly owns 438,279 ordinary shares of Trinseo PLC.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
This is a routine transaction where company shares are disposed of to cover tax obligations. It is a common practice among executives who receive stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2025 | Date of transaction: Disposal of ordinary shares. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.