LyondellBasell director granted shares, taxes withheld
LyondellBasell Industries N.V. director Virginia A. Kamsky received a grant of 646 Class A Ordinary Shares as part of her annual board retainer, which she had elected to take in stock rather than cash.
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Virginia A. Kamsky received a grant of 646 Class A Ordinary Shares as part of her annual board retainer, which she had elected to take in stock rather than cash. A portion of these shares was withheld to cover taxes.
On this date, 142 shares were disposed of at $80.56 per share to satisfy tax liabilities, leaving her with 8,094 Class A Ordinary Shares held directly after the transactions. The number of shares issued for the retainer was based on an average share price of $59.31 over the applicable quarter.
Her holdings also include 2,917 restricted stock units (RSUs) granted under the company’s long-term incentive plan, which are scheduled to vest on May 22, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 646 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Ordinary Shares | 142 | $80.56 | $11K |
Footnotes (2)
- F1. 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 $59.31, which is the average of the daily closing prices of the issuer's shares over the applicable quarter.
- F2. Includes 2,917 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan that vest on May 22, 2026.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
long-term incentive plan financial
annual retainer financial
tax liability financial
FAQ
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What insider transactions did LYB director Virginia Kamsky report on this Form 4?
Was Virginia Kamsky’s LYB Form 4 transaction an open-market buy or sell?
What RSUs does Virginia Kamsky hold in LyondellBasell, and when do they vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.