LyondellBasell (NYSE: LYB) SVP awarded 4,032 shares; 92 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. senior vice president and chief accounting officer Matthew D. Hayes reported routine equity compensation activity. On February 28, 2026, he acquired 4,032 Class A Ordinary Shares at $0 per share as a grant under the company’s long-term incentive plan. On February 27, 2026, 92 shares were disposed of at $57.52 per share to satisfy tax withholding when 307 restricted stock units vested, meaning this was not an open-market sale. Following these transactions, he directly held 8,868.1796 shares. Footnotes also show he holds additional restricted stock units that vest in tranches from 2026 through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hayes Matthew D
Role
SVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 4,032 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 92 | $57.52 | $5K |
Holdings After Transaction:
Class A Ordinary Shares — 8,868.18 shares (Direct)
Footnotes (1)
- On February 27, 2026 the reporting person's restricted stock units automatically vested 307 shares. 92 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 1,959 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 237 granted on February 22, 2024 that vest on February 22, 2027; 623 granted on October 15, 2024 that vest on October 15, 2026; 305 granted on February 27, 2025 that vest on February 27, 2027; 305 granted on February 27, 2025 that vest on February 27, 2028 and 489 granted on April 15, 2025 of which 163 vest on April 15, 2026, 163 vest on April 15, 2027 and 163 vest on April 15, 2028. Includes 5,991 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 237 granted on February 22, 2024 that vest on February 22, 2027; 623 granted on October 15, 2024 that vest on October 15, 2026; 305 granted on February 27, 2025 that vest on February 27, 2027; 305 granted on February 27, 2025 that vest on February 27, 2028 and 489 granted on April 15, 2025 of which 163 vest on April 15, 2026, 163 vest on April 15, 2027 and 163 vest on April 15, 2028. The 4,032 RSUs reported on this Form 4 vest as follows: 1,344 vest on February 28, 2027, 1,344 vest on February 28, 2028 and 1,344 vest on February 28, 2029.
FAQ
What did LYB executive Matthew D. Hayes report on this Form 4?
Matthew D. Hayes reported a stock grant and a small tax-related share disposition. He received 4,032 Class A Ordinary Shares at no cost and had 92 shares withheld to cover tax obligations when restricted stock units vested.
What restricted stock units (RSUs) does Hayes hold in LyondellBasell (LYB)?
Footnotes state Hayes holds RSUs granted under the long-term incentive plan, including awards from 2024 and 2025. These RSUs vest in multiple tranches between 2026 and 2029, providing additional potential share delivery over that period.