Hendriks Han 4
Research Summary
AI-generated summary
Trinseo (TSE) SVP Hendriks Han Sells 7,707 Shares (Tax Withholding)
What Happened
Hendriks Han, SVP and Chief Technology Officer of Trinseo PLC, had 7,707 shares withheld by the company on 2026-02-27 to satisfy tax liabilities following the vesting of restricted stock units. The withholding is reported as a disposition (code F) at $0.23 per share for a total value of approximately $1,773.
Key Details
- Transaction date: 2026-02-27
- Transaction type/code: F — shares withheld to pay tax liability after RSU vesting
- Shares withheld/disposed: 7,707 shares at $0.23/share; total ≈ $1,773
- Filing date: 2026-03-03 (appears timely within Form 4 reporting window)
- Shares owned after the transaction: not specified in the provided filing
- Footnote: F1 — "Shares withheld by the Company to pay taxes due following the vesting of restricted stock units."
Context
This was a tax-withholding disposition (company retained shares to cover taxes), not an open-market sale. Such withholding is routine following RSU vesting and does not necessarily indicate an insider's view on the company’s stock. Purchases or open-market sales typically carry more informational value for investors.