Kyrish Chuck 4
4 · Celanese Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Celanese (CE) CFO Chuck Kyrish Receives RSUs & Stock Options
What Happened
Chuck Kyrish, SVP & Chief Financial Officer of Celanese Corporation (CE), received equity compensation on February 27, 2026: 15,678 time‑based restricted stock units (RSUs) and 21,884 time‑based employee stock options. The Form 4 reports an acquisition price of $0.00 for both items because these were grants/awards (transaction code A); no cash changed hands on the grant date.
Key Details
- Transaction date: 2026-02-27; Form 4 filed 2026-03-03 (timely — filed within required business-day window).
- RSUs granted: 15,678 units; acquisition price reported $0.00. Each RSU equals the right to one share. (Footnote F1)
- Options granted: 21,884 stock options (reported as a derivative grant); acquisition price reported $0.00. (Footnotes F2, F3)
- Vesting: RSUs vest subject to continued employment — 33% on Feb 15, 2027; 33% on Feb 15, 2028; 34% on Feb 15, 2029 (F1). Options vest in three annual installments of 33%, 33% and 34% beginning Feb 15, 2027 (F3).
- Shares owned after the transaction: not disclosed in the provided summary of the filing.
- Filing appears routine compensation (grant), not a purchase or sale; no exercise or cashless sale reported.
Context
These grants are time‑based compensation tied to continued employment and future vesting dates, so they do not represent an immediate purchase or sale of company stock. Options are a derivative award (not exercised) and will only convert into stock if and when exercised according to their terms. Such equity awards are common for senior executives and are intended for retention and performance alignment; they should be interpreted as compensation actions rather than direct signals of trading intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-27+15,678→ 26,814.476 total - Award
Nonqualified Stock Option (right to buy)
[F2][F3]2026-02-27+21,884→ 21,884 totalExercise: $49.09Exp: 2036-02-26→ Common Stock (21,884 underlying)
Footnotes (3)
- [F1]Time-based restricted stock units ("RSUs") granted pursuant to the Company's Amended and Restated 2018 Global Incentive Plan (the "Plan"). Each RSU represents the right to receive one share of Common Stock. The RSUs will vest, subject to continued employment, with respect to 33% of the RSUs on each of February 15, 2027 and February 15, 2028, and with respect to 34% of the RSUs on February 15, 2029.
- [F2]Time-based employee stock options granted under the Plan.
- [F3]The options vest and become exercisable, subject to continued employment, in three annual installments of 33%, 33% and 34% beginning February 15, 2027.