Westlake (NYSE: WLK) awards director 2,184 RSUs vesting in 2027
Rhea-AI Filing Summary
CREGG ROGER A reported acquisition or exercise transactions in this Form 4 filing.
WESTLAKE CORP director Roger A. Cregg received a grant of 2,184 Restricted Stock Units that are settled in the company’s common stock on a one-for-one basis. All of these RSUs will vest on August 14, 2027, and his directly held RSU balance after this grant is 2,184 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CREGG ROGER A
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
RSUs granted: 2,184.0000 units
Transaction price per RSU: 0.0000
RSUs following transaction: 2,184.0000 units
+2 more
5 metrics
RSUs granted
2,184.0000 units
Restricted Stock Units granted to Roger A. Cregg on 2026-08-14
Transaction price per RSU
0.0000
Reported acquisition price per Restricted Stock Unit
RSUs following transaction
2,184.0000 units
Total Restricted Stock Units held directly after the grant
Underlying common shares
2,184.0000 shares
Common stock underlying the RSUs on a one-for-one basis
Vesting date
August 14, 2027
Date when all reported Restricted Stock Units will vest
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 Roger A. Cregg receive?
Roger A. Cregg received a grant of 2,184 Restricted Stock Units. These RSUs represent a right to receive an equal number of WESTLAKE CORP common shares upon settlement, subject to vesting conditions.
When do Roger A. Cregg’s new WESTLAKE CORP (WLK) RSUs vest?
All of the 2,184 Restricted Stock Units granted to Roger A. Cregg will vest on August 14, 2027. Vesting means the units become earned and eligible to convert into common stock.
How many WESTLAKE CORP (WLK) RSUs does Roger A. Cregg hold after this Form 4 transaction?
Following the reported transaction, Roger A. Cregg holds 2,184 Restricted Stock Units directly. This reflects the newly granted award and represents his reported RSU position in this filing.
What is the conversion rate of Roger A. Cregg’s WESTLAKE CORP (WLK) RSUs into common stock?
Each Restricted Stock Unit converts into one share of WESTLAKE CORP common stock. The filing states that RSUs convert into the issuer’s common stock on a one-for-one basis upon settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.