Form 4: Trinseo PLC Executive Frisch Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
VP and Treasurer of Trinseo PLC, Johanna Frisch, reports disposing of 767 ordinary shares to cover tax obligations arising from vested restricted stock units.
Summary
- Johanna Frisch, VP and Treasurer of Trinseo PLC, filed a Form 4 on February 25, 2025, reporting a transaction on February 21, 2025.
- The transaction involved the disposal of 767 ordinary shares at a price of $5.52 per share.
- These shares were withheld by Trinseo PLC to cover taxes due following the vesting of previously granted restricted stock units.
- Following the transaction, Frisch beneficially owns 14,292 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to insider stock transactions for tax purposes, indicating a neutral 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 of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of transaction: Disposal of ordinary shares. |
| 02/25/2025 | Date of Form 4 filing. |
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