Chemours (CC) SVP Kristine Wellman Withholds 391 Shares for Taxes

What Happened

• Kristine M. Wellman, Senior Vice President, General Counsel & Corporate Secretary of Chemours Co (CC), had 391 shares automatically withheld to cover tax obligations tied to vesting restricted stock units/dividend equivalent units. The withholding price was $16.61 per share, for a total value of $6,495.

Key Details

• Transaction date: 2026-08-01; Form 4 filed: 2026-08-04 (Period of Report: 2026-08-01).
• Withheld shares: 391 at $16.61 each; total value ≈ $6,495.
• Transaction code: F (tax withholding to satisfy tax liability on vesting awards).
• Shares owned after transaction: not specified in the provided excerpt; footnote indicates reported totals include directly owned shares, restricted stock units, and dividend equivalent units.
• Footnotes: F1 — shares automatically withheld to satisfy tax obligations on vesting RSUs and DEUs; transactions are exempt from Section 16(b) under Rule 16b-3 and no shares were sold. F2 — ownership totals include direct shares, RSUs and DEUs.

Context

• This was a routine tax-withholding event at vesting, not an open-market sale or purchase; such withholdings are common and typically do not signal a deliberate buy/sell decision by the insider. The filing notes the transaction is exempt from short-swing profit rules under Rule 16b-3.