Form 4: Trinseo PLC Executive Paula M. Cooney Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Paula M. Cooney, SVP, CHRO of Trinseo PLC, disposed of 7,440 ordinary shares to cover tax obligations arising from vesting restricted stock units on February 21, 2025.
Summary
- On February 21, 2025, Paula M. Cooney, SVP, CHRO of Trinseo PLC, disposed of 7,440 ordinary shares.
- The shares were disposed of to cover tax obligations related to the vesting of previously granted restricted stock units.
- The transaction was executed at a price of $5.52 per share.
- Following the transaction, Cooney directly owns 70,279 ordinary shares of Trinseo PLC.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. It doesn't inherently indicate positive or negative sentiment towards the company.
Industry Context
This filing is a routine disclosure of an insider transaction, which is common for executives receiving stock-based compensation. It doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of transaction: disposal of shares. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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