LyondellBasell Form 4: Vanacker Disposes 20,000 LYB Shares
Rhea-AI Filing Summary
Peter Z. E. Vanacker, Chief Executive Officer and Director of LyondellBasell Industries N.V. (LYB), sold 20,000 Class A ordinary shares on 08/15/2025 at a weighted-average price of $53.5711 per share. After the reported sale, the filing shows the reporting person beneficially owns 160,351 shares, which include 116,241 restricted stock units granted under the issuer's long-term incentive plan with specified vesting tranches in 2026, 2027 and 2028. The sale was executed in multiple trades at prices between $53.39 and $53.67 as disclosed, and the Form 4 was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Form 4 discloses the sale and remaining beneficial ownership, including detailed RSU grant dates and vesting schedules, supporting transparency
Negative
- None.
Insights
TL;DR: Insider sale of 20,000 shares is documented and appears immaterial to LYB's market capitalization.
The Form 4 reports an open-market sale of 20,000 Class A ordinary shares by CEO and Director Peter Vanacker at a weighted-average price of $53.5711 on 08/15/2025. The filing discloses remaining beneficial ownership of 160,351 shares, including 116,241 RSUs with multi-year vesting. Given the disclosed size of the holding and that the sale was executed across multiple trades at prices between $53.39 and $53.67, this transaction appears to be a routine insider sale rather than a material corporate event. The filing provides the necessary trade-price range and offers to supply full trade details upon request, supporting transparency.
TL;DR: The disclosure is procedurally compliant and includes vesting detail for RSUs, supporting governance transparency.
The Form 4 clearly identifies the reporting person as both CEO and Director and discloses the relationship to the issuer, the transaction date, transaction code (S, sale), and weighted-average price. It also specifies the composition of beneficial ownership by referencing 116,241 RSUs with explicit grant dates and vesting schedules. The signature by an attorney-in-fact and the explanation of price range meet disclosure expectations. There is no indication in the form of unusual governance concerns or atypical insider activity beyond a documented sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Ordinary Shares | 20,000 | $53.5711 | $1.07M |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $53.39 to $53.67. The price reported above reflects the weighted-average sale price. The reporting person herby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Includes 116,241 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 28,211 granted on February 23, 2023 that vest on February 23, 2026; 15,406 vest on February 22, 2026 and 15,406 vest on February 22, 2027 and 57,218 granted on February 27, 2025 of which 19,074 vest on February 27, 2026, 19,072 vest on February 27, 2027 and 19,072 vest on February 27, 2028.