Westlake CFO sells 1,171 shares to cover taxes
Westlake Corp executive vice president and CFO Mark Steven Bender reported a tax-related share disposition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Westlake Corp executive vice president and CFO Mark Steven Bender reported a tax-related share disposition. On February 16, 2022, 1,171 shares of common stock were sold at $104.96 per share to cover tax withholding obligations arising from the vesting of his restricted stock units. After this transaction, he held 25,608 common shares directly. The amended Form 4 corrects the previously reported number of shares sold to cover these tax obligations and is stated to be in addition to, and not a replacement for, the original Form 4.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,171 | $104.96 | $123K |
Footnotes (1)
- F1. The original Form 4 filed by the Reporting Person on February 17, 2022, is amended by this Form 4/A to disclose that 1,171 shares of common stock were sold to cover tax withholding obligations arising from the vesting of the Reporting Person's restricted stock units. The original Form 4 reported an incorrect number of shares sold to cover tax withholding obligations. [This Form 4/A is in addition to, and does not replace, the disclosure contained in the original Form 4.]
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Westlake Corp (WLK) report for Mark Steven Bender?
What does this Form 4/A amendment change from the original Westlake Corp (WLK) filing?
How is the February 16, 2022 Westlake Corp (WLK) transaction coded in the Form 4/A?
AI-generated analysis. How Rhea-AI works. Not financial advice.