LyondellBasell (NYSE: LYB) director logs RSU grant and 1,247-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Robin W.T. Buchanan reported routine equity compensation activity. On May 21, 2026, he received 2,321 Class A Ordinary Shares as a grant under the company’s long-term incentive plan, at no cash cost to him.
On May 22, 2026, 2,917 restricted stock units vested, and 1,247 shares were withheld by the issuer at a price of $69.72 per share to cover tax obligations, rather than being sold on the market. After these transactions, Buchanan directly holds 22,165.345 Class A Ordinary Shares, and the filing notes 2,321 remaining restricted stock units scheduled to vest on May 21, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Buchanan Robin W.T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 1,247 | $69.72 | $87K |
| Grant/Award | Class A Ordinary Shares | 2,321 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 22,165.345 shares (Direct, null)
Footnotes (1)
- Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan, including 2,917 that vest on May 22, 2026. The 2,321 RSUs reported on this Form 4 vest on May 21, 2027. On May 22, 2026 the reporting person's restricted stock units automatically vested 2,917 shares. 1,247 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 2,321 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan that vest on May 21, 2027.
Key Figures
RSU grant shares: 2,321 shares
Tax-withheld shares: 1,247 shares
Withholding price: $69.72 per share
+3 more
6 metrics
RSU grant shares
2,321 shares
Class A Ordinary Shares granted on May 21, 2026
Tax-withheld shares
1,247 shares
Withheld on May 22, 2026 to satisfy tax obligations
Withholding price
$69.72 per share
Price applied to the 1,247 withheld shares
Shares after transactions
22,165.345 shares
Direct Class A Ordinary Shares held following transactions
RSUs vesting 2026
2,917 RSUs
Restricted stock units that vested on May 22, 2026
RSUs vesting 2027
2,321 RSUs
Restricted stock units vesting on May 21, 2027
Key Terms
restricted stock units, long-term incentive plan, tax withholding obligations, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
long-term incentive plan financial
"restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
tax withholding obligations financial
"1,247 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transactions did LYB director Robin Buchanan report on this Form 4?
Robin Buchanan reported a grant of 2,321 Class A Ordinary Shares and a separate tax-withholding disposition of 1,247 shares. The disposition satisfied tax obligations on vested restricted stock units, not an open-market sale, making these routine compensation-related transactions.
What restricted stock unit (RSU) awards did LYB grant to Robin Buchanan?
Buchanan holds 2,321 restricted stock units granted under LyondellBasell’s long-term incentive plan that vest on May 21, 2027. These RSUs represent additional future share delivery, separate from the 22,165.345 Class A Ordinary Shares he currently holds directly.
What LYB equity awards vested for Robin Buchanan on May 22, 2026?
On May 22, 2026, 2,917 of Buchanan’s restricted stock units automatically vested. To cover related tax withholding obligations, LyondellBasell withheld 1,247 of the resulting shares, while the remainder contributed to his direct share ownership position.