LyondellBasell EVP gets 17,247 RSUs, tax withholding
LyondellBasell Industries N.V. executive vice president Aaron J. Ledet reported equity compensation and related tax withholding activity.
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president Aaron J. Ledet reported equity compensation and related tax withholding activity. He received a grant of 17,247 Class A Ordinary Share restricted stock units at no cost, which vest in three equal annual installments starting on February 28, 2027. Separately, 609 shares were withheld on February 27, 2026 to cover tax obligations when 2,497 previously granted restricted stock units vested. Following these transactions, his directly held and RSU-based ownership totaled 31,713.5326 shares, including 23,473 restricted stock units scheduled to vest between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 17,247 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Ordinary Shares | 609 | $57.52 | $35K |
Footnotes (3)
- F1. On February 27, 2026 the reporting person's restricted stock units automatically vested 2,497 shares. 609 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- F2. Includes 6,226 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,232 granted on February 22, 2024 that vest on February 22, 2027; 2,497 granted on February 27, 2025 that vest on February 26, 2027 and 2,497 granted on February 27, 2025 that vest on February 26, 2028.
- F3. Includes 23,473 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,232 granted on February 22, 2024 that vest on February 22, 2027; 2,497 granted on February 27, 2025 that vest on February 26, 2027 and 2,497 granted on February 27, 2025 that vest on February 26, 2028. The 17,247 RSUs reported on this Form 4 vest as follows: 5,749 vest on February 28, 2027, 5,749 vest on February 28, 2028 and 5,749 vest on February 28, 2029.
FAQ
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What insider transactions did LYB executive Aaron J. Ledet report?
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How do the new LYB RSUs granted to Aaron J. Ledet vest over time?
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