Rucker Kim K.W. 4
Research Summary
AI-generated summary
Celanese (CE) Director Kim Rucker Receives Phantom Stock Award
What Happened
- Director Kim K.W. Rucker received an award of 5.633 phantom shares on 2026-03-10, recorded at $50.67 per share for a total value of $285. The transaction is reported as an award/grant (transaction code A) and is a derivative award (phantom stock), not an open-market purchase.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (timely).
- Amount: 5.633 phantom shares at $50.67 each; total reported value $285.
- Transaction type: Award/Grant (A); derivative (phantom stock representing rights to common shares).
- Shares owned after transaction: not specified in the Form 4.
- Footnotes: F1 — each phantom share represents the right to receive one share of Common Stock. F2 — these phantom shares represent dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan and will become payable in shares as provided by the Plan.
Context
- Phantom stock awards are a form of deferred compensation and represent a right to receive company shares in the future per plan rules; they are compensation-related and do not reflect an open-market buy or sell decision by the insider.