LyondellBasell (LYB) director logs equity grant and tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Bridget E. Karlin reported routine equity compensation activity involving Class A Ordinary Shares. She received a grant of 615 shares at no cost as part of her annual retainer, which she had elected to take in stock rather than cash, with the share count based on an average price of $68.99 over the applicable quarter. On the same date, 73 shares were disposed of at $52.65 per share to satisfy tax obligations, a non-market tax-withholding transaction. Following these movements, she directly holds 7,320 shares, including 2,321 restricted stock units scheduled to vest on May 21, 2027, indicating these transactions are primarily compensation and tax related rather than discretionary market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Karlin Bridget E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 615 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 73 | $52.65 | $4K |
Holdings After Transaction:
Class A Ordinary Shares — 7,320 shares (Direct, null)
Footnotes (1)
- 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 $68.99, which is the average of the daily closing prices of the issuer's shares over the applicable quarter. 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
Shares granted: 615 shares
Tax-withholding shares: 73 shares
Holding after grant: 7,320 shares
+3 more
6 metrics
Shares granted
615 shares
Equity grant for annual retainer on June 30, 2026
Tax-withholding shares
73 shares
Disposed to cover tax liability at $52.65 per share
Holding after grant
7,320 shares
Total Class A Ordinary Shares directly held after transactions
RSUs outstanding
2,321 RSUs
Restricted stock units vesting on May 21, 2027
Retainer pricing basis
$68.99 per share
Average of daily closing prices used to calculate retainer shares
Tax-withholding price
$52.65 per share
Price used for 73-share tax-withholding disposition
Key Terms
restricted stock units ("RSUs"), long-term incentive plan, tax-withholding disposition, annual retainer
4 terms
restricted stock units ("RSUs") financial
"Includes 2,321 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
long-term incentive plan financial
"RSUs granted pursuant to the issuer's long-term incentive plan that vest on May 21, 2027"
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 disposition financial
"transaction_action: "tax-withholding disposition" for 73 shares at $52.65 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
annual retainer financial
"the reporting person elected to receive common stock in lieu of cash for her annual retainer"
FAQ
What insider transactions did LyondellBasell (LYB) director Bridget Karlin report?
Director Bridget E. Karlin reported a grant of 615 Class A Ordinary Shares and a tax-withholding disposition of 73 shares. These transactions reflect routine equity compensation and related tax settlement rather than open-market buying or selling activity.
Was the LyondellBasell (LYB) insider transaction an open-market sale or purchase?
The filing shows no open-market purchases or sales. Instead, 73 shares were disposed of to cover tax liabilities, and 615 shares were granted as compensation, both recorded as routine non-derivative equity compensation events.
How was the LyondellBasell (LYB) director’s stock grant for the annual retainer calculated?
The director elected to receive stock instead of cash for her annual retainer. The 615-share grant was calculated using an average price of $68.99, representing the average of daily closing prices over the applicable quarter.
What is the significance of the restricted stock units reported by LyondellBasell (LYB)?
The filing notes 2,321 restricted stock units granted under LyondellBasell’s long-term incentive plan. These RSUs are scheduled to vest on May 21, 2027, providing future share delivery tied to continued service or plan conditions.