Form 4: Trinseo PLC Director Jeffrey Cote Reports Share Disposition for Tax Obligations

Trinseo PLC Director Jeffrey J. Cote reported the disposition of 10,310 ordinary shares at $3.73 per share, withheld by the company to cover tax liabilities related to the vesting of restricted stock units.

Summary

• Jeffrey J. Cote, a Director of Trinseo PLC (TSE), reported a transaction involving the company's ordinary shares.
• On June 21, 2025, 10,310 ordinary shares were disposed of at a price of $3.73 per share.
• This disposition was a 'Code F' transaction, indicating shares were withheld by Trinseo PLC to satisfy tax obligations arising from the vesting of previously granted restricted stock units.
• Following this transaction, Mr. Cote directly beneficially owns 45,699 ordinary shares.
• Additionally, 150,600 ordinary shares are indirectly beneficially owned through the Cote 2019 Irrevocable Indenture Trust, which benefits the reporting person and his children.

Sentiment

Score: 5

Explanation: The sentiment is neutral. This is a routine, non-discretionary transaction for tax purposes related to RSU vesting, which is a common occurrence for executives and directors receiving equity compensation. It does not reflect a discretionary sale or purchase based on market outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing is a routine insider transaction report, common across all industries, reflecting a director's share activity related to compensation. It does not provide insights into broader industry trends or competitive dynamics within the specialty materials or chemicals sector where Trinseo PLC operates.

Related Party Transactions

• 150,600 ordinary shares are indirectly beneficially owned through the Cote 2019 Irrevocable Indenture Trust, which is for the benefit of the reporting person and his children. This trust is considered a related party.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale indicating a change in confidence.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Trinseo PLC, TSE, SEC Form 4, Insider Trading, Share Disposition, Restricted Stock Units, Tax Withholding, Director Transaction, Corporate Governance