Form 4: Tronox CFO John Srivisal Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Tronox Holdings' CFO, John Srivisal, reports the withholding of 11,267 common shares to cover tax obligations related to previously granted restricted stock.
Summary
- On March 5, 2025, Tronox Holdings plc CFO John Srivisal had 11,267 common shares withheld to satisfy tax obligations.
- This was related to the vesting of previously granted restricted common stock, with the remaining 15,898 shares received by Mr. Srivisal.
- The withholding price was $7.23 per share.
- Following the transaction, Mr. Srivisal directly owns 200,283 shares of Tronox common stock.
Sentiment
Score: 7
Explanation: The document is neutral in sentiment as it reports a standard transaction related to tax obligations. There are no indications of positive or negative performance, just routine compliance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 03/07/2025 | Date of signature for the Form 4 filing. |
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