Director in LyondellBasell (NYSE: LYB) gets RSU award and covers taxes
Rhea-AI Filing Summary
LyondellBasell Industries N.V. director Virginia A. Kamsky reported routine equity compensation activity. On May 21, 2026, she received an award of 2,321 Class A Ordinary Shares as restricted stock units at no cost, scheduled to vest on May 21, 2027. On May 22, 2026, 2,917 restricted stock units vested, and 593 shares were withheld by the company at $69.72 per share to cover tax obligations. After these transactions, she directly holds 9,822 Class A Ordinary Shares, along with unvested RSUs that may deliver additional shares in the future.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting and tax withholding with no open-market trades.
Director Virginia A. Kamsky received 2,321 Class A Ordinary Shares via a restricted stock unit award, consistent with long-term incentive compensation. The award vests on May 21, 2027 and was granted at a price of $0.00 per share.
On May 22, 2026, 2,917 RSUs vested and 593 shares were withheld at $69.72 per share to satisfy tax obligations, a non-market F-code disposition. Following these events, she holds 9,822 Class A shares directly, indicating a modest, compensation-driven adjustment rather than a discretionary buy or sell.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 593 | $69.72 | $41K |
| Grant/Award | Class A Ordinary Shares | 2,321 | $0.00 | -- |
Footnotes (1)
- Includes 5,238 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan, including 2,917 that vest on May 22, 2026. The 2,321 RSUs reported on this Form 4 vest on May 21, 2027. On May 22, 2026 the reporting person's restricted stock units automatically vested 2,917 shares. 593 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 2,321 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan that vest on May 21, 2027.