Chemours (NYSE: CC) SVP receives RSU grant, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chemours senior vice president Kristine M. Wellman reported equity compensation and related tax withholding transactions in company common stock. She received a grant of 25,708 restricted stock units, which are scheduled to vest in three equal annual installments beginning on March 1, 2027. To cover tax obligations from previously vesting RSUs and dividend equivalent units, 3,359 shares were automatically withheld at a price of $18.24 per share, and the disclosure states that no shares were sold in the market. After these changes, she reports direct ownership of 73,750.6057 shares, RSUs, and dividend equivalent units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wellman Kristine M
Role
SVP, GC & Corp. Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,708 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,359 | $18.24 | $61K |
Holdings After Transaction:
Common Stock — 73,750.606 shares (Direct)
Footnotes (1)
- Shares automatically withheld to satisfy tax obligations on vesting restricted stock units ("RSUs") and dividend equivalent units. Transactions are exempt from Section 16(b) pursuant to Rule 16b-3. No shares were sold. RSU award scheduled to vest in three equal annual installments beginning on March 1, 2027. Includes directly owned shares, RSUs and dividend equivalent units.
FAQ
What insider transactions did Chemours (CC) report for Kristine Wellman?
Chemours reported that SVP Kristine Wellman received a grant of 25,708 restricted stock units and had 3,359 shares automatically withheld to cover tax obligations on vesting RSUs and dividend equivalent units. The filing notes that no shares were sold into the open market.
How many Chemours (CC) restricted stock units were granted to Kristine Wellman?
Kristine Wellman was granted 25,708 restricted stock units of Chemours common stock. According to the disclosure, this RSU award is scheduled to vest in three equal annual installments starting on March 1, 2027, aligning the compensation with multi-year service and performance horizons.
When do Kristine Wellman’s new Chemours (CC) RSUs vest?
The new Chemours restricted stock units for Kristine Wellman are scheduled to vest in three equal annual installments beginning on March 1, 2027. This means portions of the 25,708-unit grant will vest over three years, reflecting a long-term incentive structure tied to future service.