Turgeon Jean Francois 4
4 · Tronox Holdings plc · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Tronox (TROX) Director Jean Francois Turgeon Sells 18,563 Shares
What Happened
Jean Francois Turgeon, a director of Tronox Holdings plc, sold 18,563 shares on March 6, 2026. The filing reports a weighted-average sale price of $6.60, for total proceeds of approximately $122,488. The sale was disclosed as a disposition (code S) and, per the filing, was carried out to cover tax withholding obligations related to the vesting of previously granted restricted stock units (RSUs).
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09) — filing appears timely.
- Sale type/code: Open market/private sale (S); proceeds ≈ $122,488.
- Price details: weighted average $6.60; individual trades ranged from $6.3699 to $7.1600 (footnote F2). The filer can provide a breakdown of shares sold at each price on request.
- Reason for sale: Tax withholding to cover RSU vesting (footnote F1) — a routine "sell-to-cover" transaction.
- Shares owned after transaction: Not specified in the provided filing.
- No indication of a 10% owner status or option exercise in this filing.
Context
This was a routine sell-to-cover tied to RSU vesting rather than an opportunistic or tactical market sale. Such transactions are common and are generally viewed as administrative (to meet tax obligations) rather than a direct signal of insider sentiment. Purchases by insiders typically carry more weight for bullish signals than routine withholding sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-06$6.60/sh−18,563$122,488→ 754,009 total
Footnotes (2)
- [F1]Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of previously granted RSUs.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.3699 to $7.1600, inclusive. The reporting person undertakes to provide to Tronox Holdings plc, any security holder of Tronox Holdings plc or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote of this Form 4.