LyondellBasell (NYSE: LYB) director granted 708 shares with 111 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Bridget E. Karlin received a stock award and related tax withholding on Class A Ordinary Shares. She acquired 708 shares on March 31, 2026 as part of her annual retainer, which she had elected to receive in common stock rather than cash.
The number of shares for this retainer installment was calculated using a share value of $59.31, the average of daily closing prices over the applicable quarter. On the same date, 111 shares valued at $80.56 per share were withheld to satisfy tax obligations, a non‑market disposition. After these transactions, she directly holds 4,905 shares, including 2,917 restricted stock units that are scheduled to vest on May 22, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Karlin Bridget E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 708 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 111 | $80.56 | $9K |
Holdings After Transaction:
Class A Ordinary Shares — 5,016 shares (Direct)
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 $59.31, which is the average of the daily closing prices of the issuer's shares over the applicable quarter. Includes 2,917 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan that vest on May 22, 2026.
Key Figures
Stock award shares: 708 shares
Tax withholding shares: 111 shares
Post-transaction holdings: 4,905 shares
+3 more
6 metrics
Stock award shares
708 shares
Class A Ordinary Shares granted on March 31, 2026
Tax withholding shares
111 shares
Shares withheld for tax liability at $80.56 per share
Post-transaction holdings
4,905 shares
Total Class A Ordinary Shares directly held after transactions
Restricted stock units
2,917 RSUs
RSUs vesting on May 22, 2026 under long-term incentive plan
Retainer reference price
$59.31 per share
Average of daily closing prices used to calculate retainer shares
Tax withholding price
$80.56 per share
Value applied to 111 shares withheld for tax obligations
Key Terms
restricted stock units, long-term incentive plan, annual retainer, tax liability
4 terms
restricted stock units financial
"Includes 2,917 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan"
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.
long-term incentive plan financial
"RSUs granted pursuant to the issuer's long-term incentive plan 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.
annual retainer financial
"elected to receive common stock in lieu of cash for her annual retainer, which is paid in quarterly installments"
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
FAQ
What insider transaction did LYB director Bridget E. Karlin report?
Bridget E. Karlin reported receiving 708 Class A Ordinary Shares as a stock award on March 31, 2026. The award reflects her elected annual retainer in stock rather than cash, calculated from the average closing price over the quarter.
What LYB restricted stock units does Bridget Karlin have outstanding?
Bridget Karlin holds 2,917 restricted stock units under LyondellBasell’s long-term incentive plan. These RSUs are scheduled to vest on May 22, 2026, potentially converting into an equal number of shares if all vesting conditions are satisfied.
Is Bridget Karlin’s LYB Form 4 a market purchase or sale?
The Form 4 reflects a stock grant and tax withholding, not open-market trading. She received 708 shares as compensation for her director retainer, while 111 shares were withheld to pay taxes, a non-market disposition by the issuer.