Westlake Senior Chairman reports RSU vesting, tax shares
Westlake Corp Senior Chairman James Chao reported equity award activity and related tax withholding.
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Rhea-AI Filing Summary
Westlake Corp Senior Chairman James Chao reported equity award activity and related tax withholding. On February 17, 2026, 10,382 restricted stock units converted on a one-for-one basis into 10,382 shares of common stock at a stated price of $0.00 per share, reflecting vesting of RSUs granted on February 17, 2023.
On February 18, 2026, 2,664 common shares were disposed of at $98.95 per share to satisfy tax obligations arising from the RSU vesting, rather than through an open-market sale. After these transactions, Chao directly held 47,459 shares of Westlake common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,664 | $98.95 | $264K |
| Exercise | Restricted Stock Units | 10,382 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,382 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units ("RSUs") convert into the Issuer's common stock on a one-for-one basis.
- F2. On February 17, 2023, the reporting person was granted 10,382 RSUs vesting on the third anniversay of the grant date.
- F3. Shares otherwise issuable were withheld to satisfy tax obligations arising out of the vesting of the reporting persons RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did James Chao report at Westlake Corp (WLK)?
How many Westlake Corp (WLK) RSUs vested for James Chao and when?
Were James Chao’s Westlake Corp (WLK) transactions open-market buys or sells?
On what dates did James Chao’s Westlake Corp (WLK) equity events occur?
AI-generated analysis. How Rhea-AI works. Not financial advice.