LyondellBasell (LYB) EVP gets 15,068-share grant, withholds 711 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive Trisha L. Conley reported two equity-related transactions. On February 28, 2026, she acquired 15,068 Class A ordinary shares at a price of $0.00 per share as a grant or award, bringing her direct holdings after that transaction to 33,766 shares. On February 27, 2026, 711 Class A ordinary shares were disposed of at $57.52 per share to cover tax withholding obligations when 2,917 restricted stock units vested. The filing notes that her holdings include restricted stock units granted under the company’s long-term incentive plan, with portions scheduled to vest between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Conley Trisha L
Role
EVP, People and Culture
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 15,068 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 711 | $57.52 | $41K |
Holdings After Transaction:
Class A Ordinary Shares — 33,766 shares (Direct)
Footnotes (1)
- On February 27, 2026 the reporting person's restricted stock units automatically vested 2,917 shares. 711 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 8,097 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,265 granted on February 22, 2024 that vest on February 22, 2027; 2,916 granted on February 27, 2025 that vest on February 27, 2027 and 2,916 granted on February 27, 2025 that vest on February 27, 2028. Includes 23,165 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,265 granted on February 22, 2024 that vest on February 22, 2027; 2,916 granted on February 27, 2025 that vest on February 27, 2027 and 2,916 granted on February 27, 2025 that vest on February 27, 2028. The 15,068 RSUs reported on this Form 4 vest as follows: 5,024 vest on February 28, 2027, 5,022 vest on February 28, 2028 and 5,022 vest on February 28, 2029.
FAQ
What insider transactions did LYB executive Trisha Conley report?
Trisha L. Conley reported acquiring 15,068 Class A ordinary shares as a grant at $0.00 per share and disposing of 711 shares at $57.52 per share to satisfy tax withholding tied to vested restricted stock units under LyondellBasell’s long-term incentive plan.
What restricted stock units are included in Trisha Conley’s LYB holdings?
Her reported holdings include restricted stock units granted under LyondellBasell’s long-term incentive plan. These RSUs include prior grants from February 2024 and February 2025 and 15,068 additional RSUs that vest in tranches scheduled for February 2027, February 2028, and February 2029.
What do the tax-withholding transactions mean for LYB investors?
The 711-share tax-withholding disposition reflects standard handling of equity compensation taxes rather than an open-market sale. Such transactions typically occur automatically when restricted stock units vest and do not represent a discretionary decision to sell shares for investment reasons.