LyondellBasell (LYB) SVP sees RSUs vest and shares withheld for tax
Rhea-AI Filing Summary
LyondellBasell Industries N.V. senior vice president and chief accounting officer Matthew D. Hayes reported a routine tax-related share disposition. On April 15, 2026, 163 restricted stock units vested, and 40 Class A Ordinary Shares were withheld by the company at $73.13 per share to cover tax obligations.
After this withholding, Hayes directly held about 8,970 Class A Ordinary Shares, along with 5,828 unvested restricted stock units scheduled to vest between 2026 and 2029. The filing also notes a prior ESPP purchase of 142.1216 shares at $38.97 per share on March 31, 2026.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with tax withholding; no open-market trading.
Matthew D. Hayes, SVP & CAO of LyondellBasell, reported 40 Class A Ordinary Shares disposed at $73.13 per share to satisfy tax withholding arising from 163 vested restricted stock units on April 15, 2026. This is coded as a tax-withholding disposition, not a market sale.
The transaction is small relative to his position, leaving 8,970.3012 shares directly held plus 5,828 unvested RSUs with vesting dates through 2029. The footnotes also reference a prior ESPP purchase of 142.1216 shares at $38.97 per share, reinforcing that this filing mainly documents normal compensation and tax mechanics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 40 | $73.13 | $3K |
Footnotes (1)
- On April 15, 2026 the reporting person's restricted stock units automatically vested 163 shares. 40 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 5,828 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 237 granted on February 22, 2024 that vest on February 22, 2027; 623 granted on October 15, 2024 that vest on October 15, 2026; 305 granted on February 27, 2025 that vest on February 27, 2027; 305 granted on February 27, 2025 that vest on February 27, 2028; 163 granted on April 15, 2025 that vest on April 15, 2027; 163 granted on April 15, 2025 that vest on April 15, 2028; 1,344 granted on February 28, 2026 that vest on February 28, 2027, 1,344 granted on February 28, 2026 that vest on February 28, 2028 and 1,344 granted on February 28, 2026 that vest on February 28, 2029. ESPP purchase of 142.1216 shares for $38.97 per share were allocated on March 31, 2026.