Deborah J. Kissire, a director at Celanese Corp, has reported a transaction involving phantom stock, as detailed in a recent SEC filing. This transaction is significant as it reflects her ongoing commitment to the company and its compensation strategies.
According to the filing dated November 12, 2026, Kissire acquired 5.709 shares of phantom stock on November 10, 2026, at a price of $48.93 per share. Following this transaction, she now owns a total of 9,315.763 shares of common stock in Celanese Corp.
Background
Celanese Corp, identified under the Central Index Key 0001306830, operates in the plastic materials, synthetic resin, and rubber sector. The company is incorporated in Delaware and has its fiscal year ending on December 31. Celanese is known for its innovative solutions in industrial applications and services.
What the Filing Says
The SEC filing reveals that Kissire's phantom stock represents dividend equivalents on compensation deferred under the company's 2008 Deferred Compensation Plan. Each share of phantom stock equates to the right to receive one share of common stock. The shares become payable following the termination of her service as a director.
Impact
This transaction may affect shareholders and potential investors by demonstrating Kissire's confidence in the company's future. As a director, her actions could influence other executives and board members in their decision-making processes.
What's Next
The filing does not say what happens next.
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