Celanese (CE) Director Edward G. Galante Receives Awards

What Happened

• Edward G. Galante, a director of Celanese Corporation, was granted awards on August 10, 2026: 1,930 restricted stock units (RSUs) reported at $0 acquisition price and 4.595 shares of phantom stock reported at $44.46 each (total reported derivative value $204). The RSUs were an annual, fully vested grant to compensate him for prior service as Chair of the Board.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (filed two days after the transaction).
• Awards: 1,930 RSUs (reported $0 acquisition price) and 4.595 phantom shares @ $44.46 = $204 (reported as derivative).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: F1 — RSUs are an annual, fully vested grant under the 2018 Global Incentive Plan to compensate for prior Chair service. F2 — each phantom share equals the right to one common share. F3 — the phantom shares are dividend equivalents under the 2008 Deferred Compensation Plan and become payable in common stock after the director’s service ends.
• Transaction code: A = Award/Grant. No sale or open‑market purchase reported.

Context

• These transactions are compensation awards, not purchases or sales; such grants compensate service and do not by themselves indicate insider market sentiment. The small phantom-share amount (~$204) reflects dividend-equivalent credits under a deferred plan and will convert to actual shares only as provided by the plan (typically after termination of service).