LyondellBasell (NYSE: LYB) director logs RSU grant and 540-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Anthony R. Chase reported routine equity compensation activity involving Class A Ordinary Shares. On May 21, 2026, he acquired 2,321 shares at $0.00 per share as a grant under the company’s long-term incentive plan, which represents restricted stock units vesting on May 21, 2027.
On May 22, 2026, 2,917 restricted stock units vested automatically, and 540 shares were withheld by the issuer at $69.72 per share to cover tax obligations, a non-market tax-withholding disposition rather than an open-market sale. After these transactions, Chase directly owned 13,603 shares of LyondellBasell common stock, in addition to unvested restricted stock units noted in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CHASE ANTHONY R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 540 | $69.72 | $38K |
| Grant/Award | Class A Ordinary Shares | 2,321 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 13,603 shares (Direct, null)
Footnotes (1)
- Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan, including 2,917 that vest on May 22, 2026. The 2,321 RSUs reported on this Form 4 vest on May 21, 2027. On May 22, 2026 the reporting person's restricted stock units automatically vested 2,917 shares. 540 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. 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
RSU grant: 2,321 shares at $0.00
Tax-withheld shares: 540 shares at $69.72
Post-transaction holdings: 13,603 shares
+2 more
5 metrics
RSU grant
2,321 shares at $0.00
Class A Ordinary Shares granted on May 21, 2026
Tax-withheld shares
540 shares at $69.72
Shares withheld for tax obligations on May 22, 2026
Post-transaction holdings
13,603 shares
Direct Class A Ordinary Shares after transactions
Tax-withholding shares total
540 shares
TaxWithholdingShares in transaction summary
RSU vesting 2027
2,321 RSUs
Restricted stock units vesting on May 21, 2027
Key Terms
restricted stock units, RSUs, long-term incentive plan, tax withholding obligations, +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 that vest on May 21, 2027."
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.
RSUs financial
"Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan, including 2,917 that vest on May 22, 2026."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
long-term incentive plan financial
"Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan, including 2,917 that vest on May 22, 2026."
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 obligations financial
"540 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations."
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transactions did LyondellBasell (LYB) director Anthony R. Chase report?
Anthony R. Chase reported receiving 2,321 Class A shares as a stock grant and a separate tax-withholding disposition of 540 shares. Both transactions are tied to restricted stock units granted under LyondellBasell’s long-term incentive plan, reflecting routine equity compensation activity.
What equity award did Anthony R. Chase receive from LyondellBasell (LYB)?
Chase received 2,321 Class A Ordinary Shares as a grant with a $0.00 grant price. These shares represent restricted stock units under LyondellBasell’s long-term incentive plan and are scheduled to vest on May 21, 2027, subject to the plan’s normal conditions and service requirements.
How are restricted stock units (RSUs) described in the LyondellBasell (LYB) Form 4?
The Form 4 describes RSUs as awards under LyondellBasell’s long-term incentive plan that convert into shares upon vesting. One footnote notes RSUs that vested into 2,917 shares on May 22, 2026 and others, including 2,321 units, scheduled to vest on May 21, 2027.
Does the LYB Form 4 indicate any derivative option exercises by Anthony R. Chase?
No. The filing shows no derivative security exercises, with derivative transaction counts at zero. The reported activity involves only non-derivative Class A Ordinary Shares linked to restricted stock unit grants and tax-withholding on RSU vesting, not options or other derivative instruments.