Form 4: Trinseo PLC Executive Han Hendriks Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Han Hendriks, SVP and Chief Technology Officer of Trinseo PLC, reports the withholding of shares to cover taxes due after the vesting of restricted stock units.
Summary
- On October 3, 2023, Han Hendriks, SVP and Chief Technology Officer of Trinseo PLC, had 2,067 ordinary shares withheld by the company to cover taxes due following the vesting of previously granted restricted stock units.
- Following the transaction, Hendriks directly owns 14,903 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard tax withholding transaction, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It is a standard practice for companies to withhold shares to cover taxes upon the vesting of restricted stock units.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for tax withholding on vested stock units.
Key Dates
| Date | Description |
|---|---|
| 10/03/2023 | Date of transaction where shares were withheld for tax purposes. |
| 02/27/2024 | 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.