Westlake SVP reports RSUs and stock options
Westlake Corp senior vice president Brian John Powers filed an initial ownership report showing equity-based compensation in the form of restricted stock units and stock options tied to common stock.
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Form Type
3
Rhea-AI Filing Summary
Westlake Corp senior vice president Brian John Powers filed an initial ownership report showing equity-based compensation in the form of restricted stock units and stock options tied to common stock. He holds RSUs for 5,645 and 882 underlying shares that vest between 2028 and 2030, plus 3,233 stock options at $94.48 per share expiring in 2036, vesting in three annual installments starting in 2027.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Powers Brian John
Role
SVP, PEM Segment Head
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Restricted Stock Units | -- | -- | -- |
| Holding | Employee Option (right to buy) | -- | -- | -- |
Holdings:
Restricted Stock Units — 6,527 contracts (Direct);
Employee Option (right to buy) — 3,233 contracts (Direct)
Footnotes (4)
- F1. These restricted stock units will vest in three installments of 33%, 33% and 34% on May 5, 2028, 2029 and 2030, respectively.
- F2. All of these restricted stock units will vest February 20, 2029.
- F3. Each restricted stock unit represents a contingent right to recieve one share of the Issuer's common stock.
- F4. On February 20, 2026 the reporting person was granted 3,233 stock options excercisable in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029, respectively.
Key Figures
RSUs underlying shares: 5,645 shares
Additional RSUs underlying shares: 882 shares
Stock options: 3,233 options
+2 more
5 metrics
RSUs underlying shares
5,645 shares
Restricted stock units tied to common stock; vesting May 2028–2030
Additional RSUs underlying shares
882 shares
Restricted stock units vesting on February 20, 2029
Stock options
3,233 options
Employee options on common stock granted February 20, 2026
Option exercise price
$94.48/share
Exercise price for 3,233 employee stock options
Option expiration
February 20, 2036
Expiration date for 3,233 employee stock options
Key Terms
Restricted Stock Units, Employee Option (right to buy), Form 3, contingent right
4 terms
Restricted Stock Units financial
"These restricted stock units will vest in three installments of 33%, 33% and 34% on May 5, 2028, 2029 and 2030"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Option (right to buy) financial
"Employee Option (right to buy) with an exercise price of 94.4800 and expiration date in 2036"
Form 3 regulatory
"INSIDER FILING DATA (Form 3): initial statement of beneficial ownership"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
contingent right financial
"Each restricted stock unit represents a contingent right to recieve one share of the Issuer's common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Westlake (WLK) Form 3 filing by Brian John Powers show?
The Form 3 shows Brian John Powers’ initial report of equity awards at Westlake, including restricted stock units and stock options in Westlake common stock. It outlines how many shares these awards cover and provides vesting and expiration terms for the grants.
How many restricted stock units does Brian John Powers hold in Westlake (WLK)?
Brian John Powers holds two sets of restricted stock units covering 5,645 and 882 underlying shares of Westlake common stock. These awards represent deferred equity compensation that converts into shares only as specific vesting dates are reached over future years.
What are the vesting dates for Brian John Powers’ RSUs at Westlake (WLK)?
One RSU grant vests in three installments of 33%, 33% and 34% on May 5, 2028, 2029 and 2030. The other RSU grant fully vests on February 20, 2029. Vesting means units convert into shares of Westlake common stock at those dates.
What stock options does Brian John Powers report holding in Westlake (WLK)?
He reports 3,233 employee stock options to buy Westlake common stock at an exercise price of $94.48 per share. These options vest in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029 and expire on February 20, 2036.
Are Brian John Powers’ reported Westlake (WLK) holdings direct or indirect?
All the reported restricted stock units and stock options are held as direct interests. The filing lists the ownership type as direct, with no indication of trusts, partnerships, or other entities holding the awards on his behalf.
AI-generated analysis. How Rhea-AI works. Not financial advice.
