LYB EVP reports stock award and tax withholding
LyondellBasell Industries N.V. executive Torkel Rhenman, EVP, Advanced Polymer Solutions, reported equity compensation and related tax withholding transactions in Class A Ordinary Shares.
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive Torkel Rhenman, EVP, Advanced Polymer Solutions, reported equity compensation and related tax withholding transactions in Class A Ordinary Shares. On February 28, 2026, he acquired 22,552 shares at $0.00 per share through a grant/award, bringing his direct holdings to 116,836 shares.
On February 27, 2026, 4,366 restricted stock units vested, and 1,196 shares were disposed of at $57.52 per share, withheld by the issuer to satisfy tax obligations. Footnotes state his holdings include multiple tranches of restricted stock units granted under the long-term incentive plan, with portions scheduled to vest between February 2027 and February 2029, including 7,518 units vesting on February 28, 2027, and 7,517 units vesting on each of February 28, 2028 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 22,552 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Ordinary Shares | 1,196 | $57.52 | $69K |
Footnotes (3)
- F1. On February 27, 2026 the reporting person's restricted stock units automatically vested 4,366 shares. 1,196 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- F2. Includes 12,201 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 3,473 granted on February 22, 2024 that vest on February 22, 2027; 4,364 granted on February 27, 2025 that vest on February 27, 2027 and 4,364 granted on February 27, 2025 that vest on February 27, 2028.
- F3. Includes 34,753 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 3,473 granted on February 22, 2024 that vest on February 22, 2027; 4,364 granted on February 27, 2025 that vest on February 27, 2027 and 4,364 granted on February 27, 2025 that vest on February 27, 2028. The 22,552 RSUs reported on this Form 4 vest as follows: 7,518 vest on February 28, 2027, 7,517 vest on February 28, 2028 and 7,517 vest on February 28, 2029.
FAQ
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What did LYB executive Torkel Rhenman report on this Form 4?
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