Huntsman Peter R 4
Research Summary
AI-generated summary
Huntsman (HUN) CEO Peter R. Huntsman Receives Restricted Stock Award
What Happened
- Peter R. Huntsman, Chairman, President & CEO of Huntsman Corporation, received a grant of 372,268 restricted shares on 2026-02-12 (reported as an acquisition at $0.00 per share).
- Following the grant, 57,650 shares were surrendered on 2026-02-13 to cover tax withholding obligations (three disposals: 16,804; 21,662; 19,184 shares) at $13.21 per share, generating cash proceeds of about $761,557 that were used to satisfy tax liabilities.
Key Details
- Grant date: 2026-02-12 — 372,268 restricted shares (reported at $0.00).
- Withholding disposals: 2026-02-13 — 16,804; 21,662; 19,184 shares at $13.21 each (total ≈ $761,557).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — the restricted shares vest in three equal annual installments beginning Feb 12, 2027. F2 — shares were automatically withheld upon vesting to satisfy tax withholding obligations.
- Filing: Form 4 filed 2026-02-17; timing appears to meet the SEC two-business-day reporting requirement given the Feb 16 holiday.
Context
- This was primarily an equity award (restricted stock/RSU grant), not an open-market purchase or sale. The subsequent share disposals were routine tax-withholding actions (not discretionary sales) to cover tax liabilities associated with the award. Such grants are common for executives and reflect compensation, not necessarily a buy/sell signal.