LYB (NYSE: LYB) CFO logs stock awards and tax-withheld shares

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Izquierdo Sabido Agustin

(Last) (First) (Middle)

4TH FLOOR

ONE VINE STREET

(Street)

LONDON X0 W1J 0AH

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LyondellBasell Industries N.V. [ LYB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Shares	02/18/2026		F		63(1)	D	$55.97	14,031(2)	D
Class A Ordinary Shares	02/18/2026		F		23(3)	D	$55.97	14,008(2)	D
Class A Ordinary Shares	02/18/2026		A		212(4)	A	$55.97	14,220(2)	D
Class A Ordinary Shares	02/18/2026		A		77(5)	A	$55.97	14,297(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

5. 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.

Remarks:

	/s/ Lara A. Mason, Attorney-in-Fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many LyondellBasell (LYB) shares does the CFO hold after these transactions?

After these transactions, the CFO directly holds 14,297 Class A Ordinary Shares. This figure reflects the combination of granted shares and shares withheld for taxes, as disclosed, and represents his updated direct ownership position following the February 18, 2026 activity.

Were the LYB insider share dispositions open-market sales or tax withholdings?

The reported LYB share dispositions were tax-withholding transactions, not open-market sales. Shares were delivered to satisfy tax obligations arising from the vesting of performance-based stock units and dividend equivalents granted under LyondellBasell’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.