Form 4: Trinseo PLC Director Victoria Brifo Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Director Victoria Brifo of Trinseo PLC reports disposing of 3,202 ordinary shares to cover tax obligations arising from vested restricted stock units.
Summary
- On June 14, 2024, Victoria Brifo, a director of Trinseo PLC, disposed of 3,202 ordinary shares.
- The shares were withheld by the company to cover taxes due following the vesting of previously granted restricted stock units.
- The transaction price was $2.84 per share.
- Following the transaction, Brifo directly owns 9,308 ordinary shares.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
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 3,202 ordinary shares. |
| 06/18/2024 | Date of signature on the report. |
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.