[Form 4] LyondellBasell Industries N.V. Insider Trading Activity
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive Kimberly A. Foley reported routine equity compensation activity in Class A ordinary shares. She received grants totaling 2,783 shares tied to performance-based stock units and 1,007 shares from settled dividend equivalents, both connected to awards originally granted on February 23, 2023 and vesting on February 18, 2026.
To cover related tax withholding obligations, 730 shares and 246 shares were disposed of at $55.97 per share through tax-withholding transactions rather than open-market sales. Following these transactions, Foley directly holds 70,501.547 Class A ordinary shares, which include 25,680 restricted stock units scheduled to vest in tranches between 2026 and 2028 under the company’s long-term incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 730 | $55.97 | $41K |
| Tax Withholding | Class A Ordinary Shares | 246 | $55.97 | $14K |
| Grant/Award | Class A Ordinary Shares | 2,783 | $55.97 | $156K |
| Grant/Award | Class A Ordinary Shares | 1,007 | $55.97 | $56K |
Footnotes (1)
- Represents shares required to satisfy tax withholding obligations in connection with the vesting of 2,783 shares of performance-based stock units granted to the Reporting Person on February 23, 2023. Includes 25,680 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 5,566 granted on February 23, 2023 that vest on February 23, 2026; 10,095 granted on February 22, 2024 of which 3,365 vested on February 22, 2025, 3,365 vest on February 22, 2026; 3,365 vest on February 22, 2027 and 13,384 granted on February 27, 2025 of which 4,462 vest on February 27, 2026, 4,461 vest on February 27, 2027 and 4,461 vest on February 27, 2028. Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 1,007 shares in connection with performance-based stock units granted to the Reporting Person on February 23, 2023. Represents shares earned in connection with the performance-based stock units previously granted and unreportable on February 23, 2023 pursuant to the issuer's long-term incentive plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on February 18, 2026 following certification by the Issuer's Compensation & Talent Development Committee. Represents shares from the settlement of dividend equivalents that accrued on the performance-based stock units prior to vesting and granted to the Reporting Person on February 23, 2023.