LyondellBasell (LYB) CEO has shares withheld for RSU taxes
Rhea-AI Filing Summary
LyondellBasell Industries N.V. reported that Chief Executive Officer Peter Vanacker had restricted stock units vest on February 22 and 23, 2026, and the company withheld shares to cover tax obligations. On February 22, 6,063 Class A Ordinary Shares were withheld at $56.67 per share. On February 23, a further 11,102 shares were withheld at $56.66 per share. After the February 23 tax-withholding disposition, Vanacker directly held 157,511 Class A Ordinary Shares and continued to hold unvested restricted stock units scheduled to vest between 2026 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vanacker Peter Z. E.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Ordinary Shares | 11,102 | $56.66 | $629K |
| Tax Withholding | Class A Ordinary Shares | 6,063 | $56.67 | $344K |
Holdings After Transaction:
Class A Ordinary Shares — 157,511 shares (Direct)
Footnotes (1)
- On February 22, 2026 the reporting person's restricted stock units automatically vested 15,406 shares. 6,063 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 100,835 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 granted on February 22, 2024 that vest on February 22, 2027; 19,074 granted on February 27, 2025 that vest on February 27, 2026; 19,072 granted on February 27, 2025 that vest on February 27, 2027 and 19,072 granted on February 27, 2025 vest on February 27, 2028. On February 23, 2026 the reporting person's restricted stock units automatically vested 28,211 shares. 11,102 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 72,624 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 15,406 granted on February 22, 2024 that vest on February 22, 2027; 19,074 granted on February 27, 2025 that vest on February 27, 2026; 19,072 granted on February 27, 2025 that vest on February 27, 2027 and 19,072 granted on February 27, 2025 vest on February 27, 2028.
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FAQ
What insider transactions did LyondellBasell (LYB) report for CEO Peter Vanacker?
LyondellBasell reported that CEO Peter Vanacker had shares withheld to cover taxes on restricted stock unit vesting. On February 22 and 23, 2026, a total of 17,165 Class A Ordinary Shares were disposed of via tax-withholding transactions, not open-market sales.
What restricted stock units are outstanding for the LyondellBasell (LYB) CEO?
Following the February 23, 2026 vesting, the CEO’s holdings include 72,624 restricted stock units. These RSUs are scheduled to vest on February 22, 2027 and on February 27 in 2026, 2027, and 2028 under the company’s long-term incentive plan.