Benjamin Gliklich - 30 May 2023 Form 4 Insider Report for Element Solutions Inc (ESI)

Reporting relationship: President and CEO, Director
Issuer ticker: ESI
Reported as of: 30 May 2023
Net transaction value: -$3,682,325
SEC form: 4
Accepted by SEC: 01 Jun 2023, 16:43:10 UTC
Prior SEC filing: 17 Feb 2023
Next SEC filing: 22 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ John E. Capps as Attorney-in-Fact for Benjamin Gliklich

Key filing fact

Benjamin Gliklich filed Form 4 for Element Solutions Inc (ESI) on 01 Jun 2023.

Key facts

This page summarizes Benjamin Gliklich's Form 4 filing for Element Solutions Inc (ESI).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 01 Jun 2023, 16:43.

Change

Previous filing in this sequence was filed on 17 Feb 2023.
Current net transaction value: -$3,682,325.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ESI transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $3,074,758
Shares: -166,293
Change %: -20%
Price: $18.49
Shares after: 654,915
Date: 30 May 2023
Ownership: Direct
Footnotes: F1, F2

ESI transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $455,041
Shares: -25,238
Change %: -3.9%
Price: $18.03
Shares after: 629,677
Date: 31 May 2023
Ownership: Direct
Footnotes: F1, F3

ESI transaction

Common Stock, par value $0.01 per share

Sale

Transaction value: $152,527
Shares: -8,469
Change %: -1.3%
Price: $18.01
Shares after: 621,208
Date: 01 Jun 2023
Ownership: Direct
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

These transactions were effected pursuant to a Rule 10b5-1 trading plan dated March 1, 2023 (as disclosed in the related Notice of Proposed Sale of Securities on Form 144 filed on May 30, 2023).

Footnote F2

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.32 to $18.80, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range.

Footnote F3

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.21, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range.

Footnote F4

This price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.06, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this price range.