Huntsman CORP·4

Feb 17, 4:45 PM ET

Hansen Steen Weien 4

Research Summary

AI-generated summary

Updated

Huntsman (HUN) Division President Hansen Receives Award & Exercises

What Happened

  • Hansen Steen Weien, a Division President at Huntsman Corporation (HUN), received a grant of 30,143 restricted shares on Feb 12, 2026 under the 2025 Stock Incentive Plan.
  • On Feb 13, 2026 Hansen settled phantom stock equal to 6,604 shares into common shares. Of those, 1,960 shares were automatically withheld to cover tax withholding at $13.21 per share (total tax withholding value $25,892). Net shares delivered from the phantom settlement: 4,644 shares.
  • The restricted stock grant vests in three equal annual installments beginning Feb 12, 2027. These transactions are acquisitions/settlements rather than open-market purchases or sales.

Key Details

  • Transaction dates: Feb 12, 2026 (restricted stock grant) and Feb 13, 2026 (phantom stock settlement and withholding).
  • Prices and values: restricted shares granted at $0 (award); tax withholding executed by share withholding at $13.21 per share, totaling $25,892 (449 + 579 + 932 shares withheld).
  • Shares involved: 30,143 restricted shares granted; 6,604 phantom shares settled; 1,960 shares withheld for taxes; net 4,644 shares delivered from phantom settlement.
  • Footnotes: F1 = restricted stock vests in three equal annual installments starting Feb 12, 2027. F2 = phantom stock represents rights to one share or cash; the phantom was settled for common stock. F3 = shares were automatically withheld upon settlement to cover taxes.
  • Shares owned after the transactions: not specified in the Form 4 provided.
  • Filing timeliness: Form filed Feb 17, 2026 for Feb 12–13 transactions. Form 4s are generally due within two business days; the Feb 12 grant appears to have been reported a few days after the earliest transaction date.

Context

  • This was not an open-market sale or purchase: the activity reflects an award (restricted stock grant) and the settlement/exercise of phantom stock, with automatic share withholding to satisfy tax obligations (a common, administrative practice).
  • For retail investors, awards and phantom settlements are routine compensation events and do not necessarily signal the insider's view of the company.