Tronox Holdings plc·4

Apr 30, 5:00 PM ET

Khan Moazzam A. 4

Research Summary

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Updated

Tronox Director Moazzam Khan Receives RSUs; 16,166 Shares Withheld

What Happened

  • Moazzam Khan, a director of Tronox Holdings plc (TROX), received a grant of 15,690 restricted share units (RSUs) on April 28, 2026 and, on the same date, 16,166 previously vested shares were withheld to satisfy tax withholding obligations. The withheld shares are reported as a disposition valued at $9.79 per share ($158,265). After withholding, Mr. Khan received the remaining 11,057 vested shares.

Key Details

  • Transaction dates: April 28, 2026; Form 4 filed April 30, 2026 (filed within the typical 2-business-day window).
  • Grant: 15,690 RSUs (code A) granted at $0.00 — no cash paid; RSUs subject to vesting.
  • Withholding: 16,166 shares withheld (code F) at $9.79/share — $158,265 value recorded; withholding was to cover tax obligations, not an open-market sale.
  • Shares received after withholding: 11,057 vested shares delivered to Mr. Khan.
  • Vesting terms (from footnote): the new RSUs vest on the earlier of the 2027 annual general meeting or May 31, 2027, provided Mr. Khan remains serving on the Board.
  • Total post-transaction holdings (aggregate beneficial ownership) are not disclosed in the filing.

Context

  • The grant (A) is an award of restricted share units, not a cash purchase — grants signal compensation/retention, not necessarily a market-confidence buy. The withholding (F) is routine tax-related withholding of vested shares and should not be read as an intentional sale of stock to realize cash.