LyondellBasell (NYSE: LYB) EVP gets stock grant as shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries EVP Kimberly A. Foley reported mixed equity transactions linked to company stock compensation. On February 28, 2026, she received a grant of 23,052 Class A share-based awards at no cost, tied to future vesting dates through February 2029. On February 27, 2026, 4,462 restricted stock units vested, and 1,087 shares were withheld by the issuer at $57.52 per share to cover tax obligations. Following these transactions, her directly held Class A shares and restricted stock units increased under the company’s long-term incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Foley Kimberly A
Role
EVP, Global O&P and Refining
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 23,052 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 1,087 | $57.52 | $63K |
Holdings After Transaction:
Class A Ordinary Shares — 90,290.547 shares (Direct)
Footnotes (1)
- On February 27, 2026 the reporting person's restricted stock units automatically vested 4,462 shares. 1,087 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 12,287 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 3,365 granted on February 22, 2024 that vest on February 22, 2027; 4,461 granted on February 27, 2025 that vest on February 27, 2027 and 4,461 granted on February 27, 2025 that vest on February 27, 2028. Includes 35,339 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 3,365 granted on February 22, 2024 that vest on February 22, 2027; 4,461 granted on February 27, 2025 that vest on February 27, 2027 and 4,461 granted on February 27, 2025 that vest on February 27, 2028. The 23,052 RSUs reported on this Form 4 vest as follows: 7,684 vest on February 28, 2027, 7,684 vest on February 28, 2028 and 7,684 vest on February 28, 2029.
FAQ
What did LYB executive Kimberly A. Foley report in this Form 4?
Kimberly A. Foley reported a new stock-based award and a tax-related share withholding. She received 23,052 Class A share-based awards and had 1,087 shares withheld to satisfy tax obligations on vested restricted stock units.
When do Kimberly A. Foley’s new LYB restricted stock units vest?
The 23,052 restricted stock units vest in three equal tranches of 7,684 units. They are scheduled to vest on February 28, 2027, February 28, 2028, and February 28, 2029 under LyondellBasell’s long-term incentive plan.
How many LYB restricted stock units does Kimberly A. Foley now hold?
She is reported to hold 35,339 restricted stock units under LyondellBasell’s long-term incentive plan. These include prior grants from February 2024 and February 2025, plus the 23,052 new restricted stock units awarded on February 28, 2026.
What is Kimberly A. Foley’s role at LyondellBasell Industries (LYB)?
Kimberly A. Foley serves as Executive Vice President, Global O&P and Refining at LyondellBasell. The reported stock-based transactions relate to her compensation under the company’s long-term incentive plan for senior leadership.