LyondellBasell (NYSE: LYB) EVP reports tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries EVP Kimberly A. Foley reported tax-related share dispositions tied to restricted stock vesting. On February 22, 2026, 820 Class A shares at $56.67 and on February 23, 2026, 1,356 shares at $56.66 were withheld by the issuer to cover tax obligations. After these transactions, Foley directly held 68,325.547 Class A shares, alongside additional unvested restricted stock units granted 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 |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 1,356 | $56.66 | $77K |
| Tax Withholding | Class A Ordinary Shares | 820 | $56.67 | $46K |
Holdings After Transaction:
Class A Ordinary Shares — 68,325.547 shares (Direct)
Footnotes (1)
- On February 22, 2026 the reporting person's restricted stock units automatically vested 3,365 shares. 820 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 22,315 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, 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. On February 23, 2026 the reporting person's restricted stock units automatically vested 5,566 shares. 1,356 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 16,749 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 10,095 granted on February 22, 2024 of which 3,365 vested on February 22, 2025, 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.
FAQ
What insider transactions did LYB executive Kimberly Foley report?
Kimberly Foley reported two tax-withholding dispositions of LyondellBasell Class A shares, not open-market sales. Shares were withheld by the issuer in connection with the vesting of restricted stock units under the company’s long-term incentive plan.
Were these LYB insider transactions open-market sales by Kimberly Foley?
No, these were not open-market sales. Both transactions are coded “F” and described as payment of tax liability by delivering securities, meaning shares were withheld by the issuer to cover taxes on vested restricted stock units.
What do the LYB Form 4 footnotes say about Kimberly Foley’s RSUs?
The footnotes explain that Foley’s restricted stock units vested automatically on February 22 and 23, 2026, and detail remaining RSU grants under the long-term incentive plan, including future scheduled vesting dates in 2026, 2027 and 2028.