Form 4: Trinseo PLC Executive Han Hendriks Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Han Hendriks, SVP and Chief Technology Officer of Trinseo PLC, reports the disposal of 2,067 ordinary shares to cover tax obligations following the vesting of restricted stock units.
Summary
- On October 3, 2024, Han Hendriks, SVP and Chief Technology Officer of Trinseo PLC, disposed of 2,067 ordinary shares.
- The shares were withheld by the company to cover tax obligations arising from the vesting of restricted stock units.
- The transaction was executed at a price of $6.38 per share.
- Following the transaction, Hendriks beneficially owns 51,382 ordinary shares of Trinseo PLC.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are withheld to cover tax obligations upon the vesting of restricted stock units.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of stock disposal transaction. |
| 10/07/2024 | Date of signature for the Form 4 filing. |
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