Form 4: Trinseo PLC CEO Frank Bozich Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
CEO Frank Bozich of Trinseo PLC reports disposing of 5,130 ordinary shares to cover tax obligations following the vesting of restricted stock units.
Summary
- On February 16, 2025, Frank A. Bozich, CEO and President of Trinseo PLC, disposed of 5,130 ordinary shares.
- The transaction was executed to cover tax obligations arising from the vesting of previously granted restricted stock units.
- The shares were disposed of at a price of $5.14 per share.
- Following the transaction, Bozich directly owns 457,074 ordinary shares of Trinseo PLC.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of transaction: disposal of ordinary shares. |
| 02/18/2025 | Date of signature on the report. |
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