Romano John D 4
Research Summary
AI-generated summary
Tronox (TROX) CEO John D. Romano Sells 101,600 Shares
What Happened
John D. Romano, CEO and Director of Tronox Holdings plc (TROX), sold 101,600 shares on March 6, 2026 in an open-market/private sale. The reported weighted-average price was $6.59 per share, for total proceeds of about $669,635. This sale was reported with footnotes indicating the shares were sold to cover tax withholding on vested RSUs.
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09).
- Transaction type/code: Sale (S) — open market or private sale.
- Shares sold: 101,600; weighted-average price: $6.59; total reported proceeds ≈ $669,635.
- Price range: individual sales occurred at prices between $6.3550 and $7.1600 (footnote). The filer will provide per-price details on request.
- Footnotes: F1 — sale to cover tax withholding related to vested RSUs; F2 — weighted-average price and price range disclosure.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed on 2026-03-09, within the typical SEC Form 4 filing window for a 2026-03-06 transaction.
Context
This sale was executed to satisfy tax withholding obligations tied to previously granted restricted stock units (RSUs), which is a common, routine insider transaction and does not by itself indicate a change in the insider’s view of the company. The multiple trade prices and weighted-average reporting reflect that the shares were sold in several transactions.