A statement of changes in beneficial ownership was filed on August 12, 2026, disclosing that Kim K.W. Rucker, a director of Celanese Corp (NYSE:CE), acquired phantom stock units as dividend equivalents under the company's deferred compensation plan.

Key Highlights

  • Reporting person and role: Kim K.W. Rucker is identified as a Director of Celanese Corp.
  • Security acquired: 8.705 shares of Phantom Stock were acquired on August 10, 2026, with a transaction code of A (acquired).
  • Price per unit: The phantom stock was acquired at $44.46 per share.
  • Post-transaction holdings: Following the transaction, Rucker beneficially owns 12,909.224 shares of phantom stock, held directly.
  • Nature of phantom stock: Each phantom stock unit represents the right to receive one share of Celanese common stock, according to the filing.
  • Settlement condition: The phantom stock becomes payable in shares of common stock following the termination of Rucker's service as a director, as provided in the plan.

Celanese Director's Phantom Stock Grant Under 2008 Deferred Compensation Plan

According to the filing, the 8.705 phantom stock units reported represent dividend equivalents accrued on compensation previously deferred by Kim K.W. Rucker under Celanese Corporation's 2008 Deferred Compensation Plan. The transaction was dated August 10, 2026, and the filing was signed on August 12, 2026, by Christine Dryden as attorney-in-fact for Rucker. Celanese Corp is listed on the New York Stock Exchange under the ticker symbol CE.

The filing explains that phantom stock units are a derivative security, with each unit carrying the right to receive one share of Celanese common stock upon settlement. Settlement is contingent on the termination of Rucker's service as a director of the company, as specified in the terms of the 2008 Deferred Compensation Plan. The filing classifies Rucker's ownership of the 12,909.224 post-transaction phantom stock units as direct. No shares of common stock were transferred or issued in connection with this specific transaction; the acquisition reflects only the accrual of dividend equivalents within the deferred compensation structure.

What Was Disclosed

The filing disclosed that director Kim K.W. Rucker acquired 8.705 phantom stock units at $44.46 per unit on August 10, 2026, as dividend equivalents under Celanese's 2008 Deferred Compensation Plan, bringing total direct beneficial ownership to 12,909.224 phantom stock units.