LYB (NYSE: LYB) CFO logs stock awards and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries EVP & CFO Agustin Izquierdo Sabido reported share awards and related tax withholding transactions in Class A Ordinary Shares. On February 18, 2026 he received grants totaling 289 shares tied to performance-based and dividend-equivalent awards, while 86 shares were withheld to cover tax obligations. Following these transactions, he directly owned 14,297 shares, and footnotes indicate an additional 9,725 restricted stock units outstanding under the company’s long-term incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Izquierdo Sabido Agustin
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 63 | $55.97 | $4K |
| Tax Withholding | Class A Ordinary Shares | 23 | $55.97 | $1K |
| Grant/Award | Class A Ordinary Shares | 212 | $55.97 | $12K |
| Grant/Award | Class A Ordinary Shares | 77 | $55.97 | $4K |
Holdings After Transaction:
Class A Ordinary Shares — 14,031 shares (Direct)
Footnotes (1)
- Represents shares required to satisfy tax withholding obligations in connection with the vesting of 212 shares of performance-based stock units granted to the Reporting Person on February 23, 2023. Represents 9,725 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 424 granted on February 23, 2023 that vest on February 23, 2026; 242 granted on February 22, 2024 that vest on February 22, 2026; 242 granted on February 22, 2024 that vest on February 22, 2027; 182 granted on April 15, 2024 that vest on April 15, 2026; 182 granted on April 15, 2024 that vest on April 15, 2027; 2,819 granted on February 27, 2025 that vest on February 27, 2026; 2,817 granted on February 27, 2025 that vest on February 27, 2027 and 2,817 granted on February 27, 2025 that vest on February 27, 2028. Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 77 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.
FAQ
What insider transactions did LYB CFO Agustin Izquierdo Sabido report on this Form 4?
The LYB CFO reported share awards and related tax withholdings in Class A Ordinary Shares. He received performance-based and dividend-equivalent share grants, and a portion of shares was withheld to satisfy associated tax obligations under the company’s long-term incentive plan.
What types of equity awards did the LYB CFO receive in this filing?
The LYB CFO received performance-based stock units and dividend-equivalent shares. These awards vested based on achievement of performance objectives and continued employment, with settlement in shares pursuant to the company’s long-term incentive plan and committee certification of results.
How many restricted stock units does the LYB CFO still hold after this Form 4?
Footnotes state the CFO holds 9,725 restricted stock units (RSUs) after these transactions. These RSUs were granted on several dates and are scheduled to vest in tranches between February 23, 2026 and February 27, 2028 under the long-term incentive plan.
Over what period will the LYB CFO’s RSUs from this filing vest?
The LYB CFO’s 9,725 RSUs will vest in multiple tranches from February 23, 2026 through February 27, 2028. Different grants vest on specific dates in 2026, 2027, and 2028, as detailed in the award schedule described in the footnotes.