LyondellBasell (LYB) CEO logs share awards and tax withholding moves
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. Chief Executive Officer Peter Vanacker reported equity compensation activity in Class A ordinary shares. On February 18, 2026, he acquired 5,102 shares from dividend-equivalent settlements and 14,106 shares earned from performance-based stock units under the long-term incentive plan.
To cover related tax withholding obligations, 3,435 shares and 1,448 shares were withheld and disposed of. Following these transactions, he held 160,570 Class A shares directly, including 116,241 restricted stock units scheduled to vest in tranches between 2026 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Vanacker Peter Z. E.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 5,102 | $55.97 | $286K |
| Tax Withholding | Class A Ordinary Shares | 3,435 | $55.97 | $192K |
| Tax Withholding | Class A Ordinary Shares | 1,448 | $55.97 | $81K |
| Grant/Award | Class A Ordinary Shares | 14,106 | $55.97 | $790K |
Holdings After Transaction:
Class A Ordinary Shares — 165,453 shares (Direct)
Footnotes (1)
- Represents shares from the settlement of dividend equivalents that accrued on the performance-based stock units prior to vesting and granted to the Reporting Person on February 23, 2023. Includes 116,241 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 28,211 granted on February 23, 2023 that vest on February 23, 2026; 15,406 granted on February 22, 2024 that vest on February 22, 2026; 15,406 granted on February 22, 2024 that vest on February 22, 2027; 19,074 granted on February 27, 2025 that vest on February 27, 2026; 19,072 granted on February 27, 2025 that vest on February 27, 2027 and 19,072 granted on February 27, 2025 vest on February 27, 2028. Represents shares required to satisfy tax withholding obligations in connection with the vesting of 14,106 shares of performance-based stock units granted to the Reporting Person on February 23, 2023. Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 5,102 shares in connection with performance-based stock units granted to the Reporting Person on February 23, 2023. Represents shares earned in connection with the performance-based stock units previously granted and unreportable on February 23, 2023 pursuant to the issuer's long-term incentive plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on February 18, 2026 following certification by the Issuer's Compensation & Talent Development Committee.
FAQ
What insider transactions did LYB CEO Peter Vanacker report on February 18, 2026?
Peter Vanacker reported equity compensation activity, not open-market trades. He acquired shares from performance-based stock units and dividend-equivalent settlements, and had shares withheld to satisfy tax obligations related to these awards under LyondellBasell’s long-term incentive plan.
How many LyondellBasell (LYB) restricted stock units does the CEO hold after these transactions?
After these transactions, Peter Vanacker’s holdings include 116,241 restricted stock units. These RSUs were granted on several dates between 2023 and 2025 and are scheduled to vest in multiple tranches from February 2026 through February 2028, subject to the plan terms.