LyondellBasell (NYSE: LYB) EVP reports RSU tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president Yvonne van der Laan reported two tax-related share dispositions tied to restricted stock unit (RSU) vesting. On February 22, 2026, 686 Class A shares were withheld at $56.67 per share, and on February 23, 2026, 782 shares were withheld at $56.66 per share to satisfy tax withholding obligations. After these transactions, she directly owned 13,310 Class A shares and continued to hold thousands of unvested RSUs under the company’s long-term incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
van der Laan Yvonne
Role
EVP, Circular & Low Carbon Sol
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 782 | $56.66 | $44K |
| Tax Withholding | Class A Ordinary Shares | 686 | $56.67 | $39K |
Holdings After Transaction:
Class A Ordinary Shares — 13,310 shares (Direct)
Footnotes (1)
- On February 22, 2026 the reporting person's restricted stock units automatically vested 1,400 shares. 686 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 9,431 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,595 granted on February 23, 2023 that vest on February 23, 2026; 1,400 granted on February 22, 2024 that vest on February 22, 2027; 2,146 granted on February 27, 2025 that vest on February 27, 2026; 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. On February 23, 2026 the reporting person's restricted stock units automatically vested 1,595 shares. 782 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 7,836 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; 2,146 granted on February 27, 2025 that vest on February 27, 2026; 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.
FAQ
What insider transactions did LYB executive Yvonne van der Laan report?
Yvonne van der Laan reported two tax-withholding dispositions of LyondellBasell Class A shares. On February 22, 2026, 686 shares were withheld, and on February 23, 2026, 782 shares were withheld, both to cover tax obligations arising from restricted stock unit vesting.
Were the LYB insider transactions open-market sales or tax withholding?
The LYB insider transactions were tax-withholding dispositions, not open-market sales. Shares were automatically withheld by the issuer to satisfy tax liabilities triggered when restricted stock units vested, as indicated by transaction code F and the detailed footnotes describing the vesting events.
What does transaction code F mean in the LYB Form 4 filing?
Transaction code F in the LYB Form 4 indicates payment of exercise price or tax liability by delivering securities. Here, it reflects that shares were withheld by LyondellBasell to cover tax withholding obligations arising when restricted stock units held by the executive automatically vested.