LyondellBasell (LYB) director gets stock grant, covers taxes with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Virginia A. Kamsky reported routine equity compensation activity in Class A Ordinary Shares. On June 30, she had 100 shares withheld at $52.65 per share to cover tax obligations and received a grant of 561 shares at no cost, leaving her with 10,383 shares directly held.
A footnote explains she elected to receive company stock instead of cash for her annual retainer, with shares calculated using an average price of $68.99 over the applicable quarter. Her holdings also include 2,321 restricted stock units that are scheduled to vest on May 21, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
KAMSKY VIRGINIA A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 561 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 100 | $52.65 | $5K |
Holdings After Transaction:
Class A Ordinary Shares — 10,383 shares (Direct, null)
Footnotes (1)
- Prior to the beginning of the year, the reporting person elected to receive common stock in lieu of cash for her annual retainer, which is paid in quarterly installments. The number of shares issued was calculated based on $68.99, which is the average of the daily closing prices of the issuer's shares over the applicable quarter. 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
Tax withholding shares: 100 shares
Tax withholding price: $52.65 per share
Share grant: 561 shares
+3 more
6 metrics
Tax withholding shares
100 shares
Withheld on June 30, 2026 at $52.65 per share
Tax withholding price
$52.65 per share
Value used for 100-share tax-withholding disposition
Share grant
561 shares
Compensation grant on June 30, 2026 at $0.00
Shares after transactions
10,383 shares
Director’s direct holdings following June 30, 2026 activity
RSUs outstanding
2,321 RSUs
Restricted stock units vesting on May 21, 2027
Retainer pricing basis
$68.99
Average closing price used to calculate stock retainer shares
Key Terms
restricted stock units, long-term incentive plan, tax-withholding disposition, grant, award, or other acquisition, +1 more
5 terms
restricted stock units financial
"Includes 2,321 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
"RSUs granted pursuant to the issuer's long-term incentive plan that vest on May 21, 2027"
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 disposition financial
"transaction_action": "tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
annual retainer financial
"elected to receive common stock in lieu of cash for her annual retainer"
FAQ
What insider transactions did LyondellBasell (LYB) director Virginia Kamsky report?
Virginia A. Kamsky reported routine compensation-related transactions: 100 shares were withheld to cover tax obligations and she received a grant of 561 Class A Ordinary Shares. After these transactions, she directly held a total of 10,383 LyondellBasell shares.
What is the role of restricted stock units (RSUs) in this LyondellBasell (LYB) filing?
The filing notes that Virginia A. Kamsky holds 2,321 restricted stock units under LyondellBasell’s long-term incentive plan. These RSUs are scheduled to vest on May 21, 2027, potentially adding to her share ownership when they convert into common stock.
How was the LyondellBasell (LYB) director’s stock retainer value determined?
The director elected to receive common stock instead of cash for her annual retainer. The number of shares issued was based on an average price of $68.99, calculated from the daily closing prices of LyondellBasell shares over the relevant quarter.