LyondellBasell (LYB) EVP granted 12,475 shares, withholds stock for taxes
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president Yvonne van der Laan reported equity compensation activity in Class A ordinary shares. On February 28, 2026, she acquired 12,475 shares at $0 per share through a grant described as a grant, award, or other acquisition. A footnote explains these 12,475 restricted stock units are scheduled to vest in three installments in 2027, 2028, and 2029 under the long-term incentive plan.
On February 27, 2026, 2,146 restricted stock units automatically vested, and 1,052 shares were disposed of at $57.52 per share to satisfy the issuer’s tax withholding obligations, rather than a discretionary market sale. After these transactions, the Form 4 reports updated direct share and restricted stock unit holdings for the executive.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 12,475 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 1,052 | $57.52 | $61K |
Footnotes (1)
- On February 27, 2026 the reporting person's restricted stock units automatically vested 2,146 shares. 1,052 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 5,690 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,400 granted on February 22, 2024 that vest on February 22, 2027; 2,145 granted on February 27, 2025 that vest on February 27, 2027 and 2,145 granted on February 27, 2025 that vest on February 27, 2028. Includes 18,165 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,400 granted on February 22, 2024 that vest on February 22, 2027; 2,145 granted on February 27, 2025 that vest on February 27, 2027 and 2,145 granted on February 27, 2025 that vest on February 27, 2028. The 12,475 RSUs reported on this Form 4 vest as follows: 4,159 vest on February 28, 2027, 4,158 vest on February 28, 2028 and 4,158 vest on February 28, 2029.