secwatch.observer — SEC 8-K summary
======================================

Issuer:     Huntsman CORP (HUN)
CIK:        0001307954
Form:       8-K
Filed at:   2021-12-28T23:59:59+00:00
Accession:  0001104659-21-153942
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Huntsman explores sale of Textile Effects (expects ~$100M 2021 EBITDA); adopts comp plan tied to targets
--------------------------------------------------------------------------------

- Board authorized strategic review of Textile Effects, possible sale; starts Q1 2022, no timetable.
- Textile Effects expected to generate ~$100M Adjusted EBITDA in 2021, recovering from COVID-19 losses.
- Multi-year compensation plan for officers and VPs; equity incentives performance-based on relative TSR and FCF.
- Cash bonus program tied to Adjusted EBITDA margin, Optimization Program, and FCF targets from November Investor Day.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1307954/000110465921153942/0001104659-21-153942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1307954/000110465921153942/tm2136425d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-153942

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer