Huntsman CORP·4

Feb 17, 4:45 PM ET

Wright Scott J 4

Research Summary

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Updated

Huntsman (HUN) Division President Scott J. Wright Receives Award

What Happened
Scott J. Wright, Division President at Huntsman Corporation (HUN), was granted 33,911 restricted shares on 2026-02-12 (award). To satisfy tax withholding on the grant, 4,189 shares were automatically withheld/disposed on 2026-02-13 at $13.21 per share, generating proceeds of $55,337. Net of withholding, Wright received 29,722 restricted shares from this award. The grant is reported as an award/acquisition (code A); the share dispositions are reported as tax-withholding (code F).

Key Details

  • Transaction dates and amounts:
    • 2026-02-12: Award of 33,911 restricted shares (code A) at $0.00 (grant).
    • 2026-02-13: Shares withheld to cover taxes (code F):
      • 843 shares @ $13.21 = $11,136
      • 1,250 shares @ $13.21 = $16,513
      • 2,096 shares @ $13.21 = $27,688
    • Total withheld: 4,189 shares for ~$55,337.
  • Shares owned after transaction: not stated in the provided excerpt; net from this grant = 29,722 restricted shares.
  • Footnotes from the filing:
    • F1: These restricted shares vest in three equal annual installments beginning February 12, 2027.
    • F2: Shares were automatically withheld upon vesting to satisfy tax withholding obligations (reported here as withholding/disposition).
  • Filing date vs. transaction dates: Form filed 2026-02-17 for transactions on 2026-02-12/13. Check the full Form 4 for any timeliness flag (some late filings can carry reporting implications).

Context

  • This was primarily an equity award (not an open-market buy or a voluntary sale). The withholding entries reflect routine tax withholding on the grant, not a directional “sell” decision by the insider.
  • Because the shares are restricted and vest over three years (starting 2/12/2027), Wright cannot fully transfer or sell the remaining shares until they vest (subject to plan terms).