Celanese 8-K: Officer Compensation & Board Changes
Ticker: CE · Form: 8-K · Filed: Feb 28, 2024 · CIK: 1306830
| Field | Detail |
|---|---|
| Company | Celanese CORP (CE) |
| Form Type | 8-K |
| Filed Date | Feb 28, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $115,000, $125,000, $160,000, $175,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, debt
TL;DR
**Celanese just filed an 8-K about executive compensation and board changes, keep an eye on leadership shifts!**
AI Summary
Celanese Corp filed an 8-K on February 28, 2024, reporting on events that occurred on February 27, 2024. The filing primarily addresses changes in compensatory arrangements for certain officers and the departure or election of directors or officers. It also mentions various senior unsecured notes due between 2025 and 2029, denominated in EUR.
Why It Matters
This filing indicates potential shifts in executive leadership and compensation structures at Celanese, which can influence company strategy and investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate governance and compensation matters, not indicating immediate financial distress or major operational changes.
Key Players & Entities
- Celanese Corp (company) — Filer of the 8-K
- EUR Senior Unsecured Notes Due 2025 (dollar_amount) — Financial instrument mentioned
- EUR Senior Unsecured Notes Due 2026 (dollar_amount) — Financial instrument mentioned
- EUR Senior Unsecured Notes Due 2027 (dollar_amount) — Financial instrument mentioned
- EUR Senior Unsecured Notes Due 2028 (dollar_amount) — Financial instrument mentioned
- EUR Senior Unsecured Notes Due 2029 (dollar_amount) — Financial instrument mentioned
- February 27, 2024 (date) — Conformed period of report
- February 28, 2024 (date) — Filed as of date
FAQ
What was the primary reporting date for the events in this 8-K filing?
The conformed period of report for the events in this 8-K filing was February 27, 2024.
What specific items were reported under Item 5.02 in this 8-K?
Item 5.02 covered 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.
What types of financial instruments were mentioned in the filing?
The filing mentioned 'EUR Senior Unsecured Notes' with due dates in 2025, 2026, 2027, 2028, and 2029, as well as 'Common Stock'.
When was this 8-K form filed with the SEC?
This 8-K form was filed with the SEC on February 28, 2024.
What is Celanese Corp's Central Index Key (CIK)?
Celanese Corp's Central Index Key (CIK) is 0001306830.
Filing Stats: 805 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-02-28 16:53:19
Key Financial Figures
- $0.0001 — ich Registered Common Stock, par value $0.0001 per share CE The New York Stock Exchang
- $115,000 — restricted stock units components from $115,000 to $125,000 and $160,000 to $175,000, r
- $125,000 — stock units components from $115,000 to $125,000 and $160,000 to $175,000, respectively.
- $160,000 — omponents from $115,000 to $125,000 and $160,000 to $175,000, respectively. Mr. Go will
- $175,000 — om $115,000 to $125,000 and $160,000 to $175,000, respectively. Mr. Go will also be reim
Filing Documents
- ce-20240227.htm (8-K) — 36KB
- a202402278-kex991.htm (EX-99.1) — 10KB
- celogoa02a01a10a01a02a01a36.jpg (GRAPHIC) — 16KB
- 0001306830-24-000031.txt ( ) — 266KB
- ce-20240227.xsd (EX-101.SCH) — 4KB
- ce-20240227_def.xml (EX-101.DEF) — 17KB
- ce-20240227_lab.xml (EX-101.LAB) — 36KB
- ce-20240227_pre.xml (EX-101.PRE) — 18KB
- ce-20240227_htm.xml (XML) — 7KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) The following exhibits are being furnished herewith: Exhibit Number Description 99.1 Press Release dated February 28 , 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document contained in Exhibit 101) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CELANESE CORPORATION By: /s/ MICHAEL R. SULLIVAN Name: Michael R. Sullivan Title: Vice President, Deputy General Counsel and Corporate Secretary Date: February 28, 2024 3