Westlake Corp (NYSE: WLK) grants director 2,184 stock units
Rhea-AI Filing Summary
Graff Michael J reported acquisition or exercise transactions in this Form 4 filing.
WESTLAKE CORP (WLK) director Michael J. Graff reported a compensation-related equity award. He received 2,184 Restricted Stock Units, each convertible into one share of the company’s common stock. All of these units are scheduled to vest on August 14, 2027, and his directly held RSU balance reported after the award is 2,184 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Graff Michael J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 2,184 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 2,184 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- F2. All of the restricted stock units will vest on August 14, 2027.
Key Figures
Restricted Stock Units granted: 2,184 units
Transaction price per RSU: $0.0000 per unit
Underlying common shares: 2,184 shares
+2 more
5 metrics
Restricted Stock Units granted
2,184 units
Equity award reported for Michael J. Graff on August 14, 2026
Transaction price per RSU
$0.0000 per unit
Indicates a compensatory grant with no cash paid per unit
Underlying common shares
2,184 shares
Each RSU converts into one share of WESTLAKE CORP common stock
Vesting date
August 14, 2027
All granted Restricted Stock Units vest on this date
RSUs held after transaction
2,184 units
Total directly held RSUs reported for Michael J. Graff after the award
Key Terms
Restricted Stock Units, vest, one-for-one basis
3 terms
Restricted Stock Units financial
"Restricted Stock Units convert into the Issuer's common stock on a one-for-one basis."
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.
vest financial
"All of the restricted stock units will vest on August 14, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
one-for-one basis financial
"Restricted stock units convert into the Issuer's common stock on a one-for-one basis."
FAQ
What equity award did WESTLAKE CORP (WLK) director Michael J. Graff report on this Form 4?
Michael J. Graff reported a grant of 2,184 Restricted Stock Units. These RSUs are a compensation-related equity award that convert into WESTLAKE CORP common stock on a one-for-one basis upon settlement.
When do Michael J. Graff’s newly granted RSUs in WESTLAKE CORP (WLK) vest?
All of the 2,184 Restricted Stock Units granted to Michael J. Graff will vest on August 14, 2027. Vesting means the units become earned, after which they can convert into common shares on a one-for-one basis.
How many WESTLAKE CORP (WLK) Restricted Stock Units does Michael J. Graff hold after this transaction?
Following this award, Michael J. Graff is reported as directly holding 2,184 Restricted Stock Units. These RSUs each represent the right to receive one share of WESTLAKE CORP common stock upon settlement, subject to vesting conditions.
What is the conversion ratio of Michael J. Graff’s RSUs into WESTLAKE CORP (WLK) common stock?
The granted Restricted Stock Units convert into WESTLAKE CORP’s common stock on a one-for-one basis. Each of the 2,184 RSUs corresponds to one share of common stock when the units settle, assuming vesting conditions are satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.