Form 4: Trinseo PLC Director Alvarado Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Director Joseph Alvarado disposed of 3,291 ordinary shares of Trinseo PLC to cover tax obligations arising from vested restricted stock units.
Summary
- On June 14, 2024, Joseph Alvarado, a director of Trinseo PLC, disposed of 3,291 ordinary shares.
- The shares were withheld by the company to cover tax obligations related to the vesting of previously granted restricted stock units.
- The transaction was executed at a price of $2.84 per share.
- Following the transaction, Alvarado beneficially owns 21,505 ordinary shares of Trinseo PLC.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction: Disposal of shares by Joseph Alvarado. |
| 06/18/2024 | Date of signature on 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.