Kissire Deborah J. 4
Research Summary
AI-generated summary
Celanese (CE) Director Deborah Kissire Receives Award of Phantom Stock
What Happened
Deborah J. Kissire, a director of Celanese Corporation (CE), received an award of 3.505 phantom shares on 2026-03-10. The filing records the award at $50.67 per share for a total value of approximately $178. This was an award of derivative phantom stock (transaction code A), not an open‑market purchase or a sale.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (timely filed).
- Amount: 3.505 phantom shares; price used: $50.67; total reported value: $178 (derivative).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Transaction type/code: Award/Grant (A); reported as a derivative award (phantom stock).
- Footnotes:
- F1: Each phantom share represents the right to receive one share of Celanese common stock.
- F2: These phantom shares represent dividend equivalents under Celanese’s 2008 Deferred Compensation Plan and will be paid out in shares of common stock as provided by the Plan.
Context
This is a compensation-related derivative award (dividend equivalents on deferred compensation) and does not reflect an open-market trade. Phantom stock awards are payable in shares per the Plan and are common components of director compensation; they do not necessarily indicate a change in insider sentiment.