LYB EVP logs tax-withholding share dispositions
LyondellBasell Industries N.V. executive Dale D. Friedrichs, EVP, Ops Excellence and HSE, reported two tax-related share dispositions tied to restricted stock unit vesting.
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Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive Dale D. Friedrichs, EVP, Ops Excellence and HSE, reported two tax-related share dispositions tied to restricted stock unit vesting. On February 22, 2026, 535 Class A ordinary shares were withheld at $56.67 per share to cover tax obligations on 2,428 vested RSUs. On February 23, 2026, 1,047 shares were similarly withheld at $56.66 per share after 4,296 RSUs vested. These are coded as tax-withholding dispositions rather than open-market sales, and Friedrichs continued to hold tens of thousands of shares directly following the transactions, along with additional unvested RSUs granted under the long-term incentive plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Ordinary Shares | 1,047 | $56.66 | $59K |
| Exercise Price or Tax Liability | Class A Ordinary Shares | 535 | $56.67 | $30K |
Footnotes (4)
- F1. On February 22, 2026 the reporting person's restricted stock units automatically vested 2,428 shares. 535 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- F2. Includes 16,013 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 4,296 granted on February 23, 2023 that vest on February 23, 2026; 2,428 granted on February 22, 2024 that vest on February 22, 2027; 3,097 granted on February 27, 2025 that vest on February 27, 2026, 3,096 granted on February 27, 2025 that vest on February 27, 2027 and 3,096 granted on February 27, 2025 that vest on February 27, 2028.
- F3. On February 23, 2026 the reporting person's restricted stock units automatically vested 4,296 shares. 1,047 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- F4. Includes 11,717 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,428 granted on February 22, 2024 that vest on February 22, 2027; 3,097 granted on February 27, 2025 that vest on February 27, 2026, 3,096 granted on February 27, 2025 that vest on February 27, 2027 and 3,096 granted on February 27, 2025 that vest on February 27, 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did LYB executive Dale D. Friedrichs report on this Form 4?
Were the LYB insider transactions by Dale D. Friedrichs open-market sales?
What restricted stock unit vesting events triggered the LYB tax-withholding dispositions?
AI-generated analysis. How Rhea-AI works. Not financial advice.