Jorgensen Steven C. 4
Research Summary
AI-generated summary
Huntsman (HUN) VP Steven C. Jorgensen Receives Restricted Stock Award
What Happened
- Steven C. Jorgensen, VP & Controller of Huntsman Corporation, was granted 11,304 restricted shares on 2026-02-12 (code A). The award is reported at $0.00 per share.
- On 2026-02-13, 1,318 shares were automatically withheld to satisfy tax withholding obligations (three F-code transactions of 321, 414, and 583 shares at $13.21 each), totaling approximately $17,410. After withholding, 9,986 shares of this award remain attributable to the grant.
Key Details
- Transaction dates and amounts:
- 2026-02-12: Award of 11,304 restricted shares (A) at $0.00.
- 2026-02-13: Withholdings to cover taxes (F): 321 shares ($4,240), 414 shares ($5,469), 583 shares ($7,701) — total 1,318 shares (~$17,410) at $13.21/share.
- Shares remaining from this award after withholding: 9,986. (This is the remainder of the grant; the filing does not disclose Jorgensen’s total company holdings.)
- Footnotes:
- F1: These restricted shares vest in three equal annual installments beginning February 12, 2027.
- F2: The withheld shares were automatically taken to satisfy tax withholding obligations.
- Timeliness: Form 4 was filed on 2026-02-17. This is timely (within the Section 16 two-business-day window, accounting for the Presidents’ Day holiday on Feb 16).
Context
- This was an equity award (restricted stock), not an open-market purchase or sale. The F-code transactions are routine tax withholdings (not discretionary sales). The award vests over three years starting Feb 12, 2027; the withholding reduced the net shares received from the grant.