Form 4: Trinseo PLC Director Klynne Johnson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Klynne Johnson reports the disposal of 3,326 ordinary shares of Trinseo PLC to cover tax obligations following the vesting of restricted stock units.
Summary
- On June 14, 2024, Klynne Johnson, a director of Trinseo PLC, disposed of 3,326 ordinary shares.
- The shares were withheld by the company to cover taxes due after the vesting of previously granted restricted stock units.
- The transaction price was $2.84 per share.
- Following the transaction, Johnson directly owns 17,894 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction: Disposal of 3,326 ordinary shares. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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