Westlake Corp (WLK) Senior Chairman logs RSU vesting and tax share disposition
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,382 shares exercised/converted
Mixed
3 txns
Insider
Chao James
Role
Senior Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,664 | $98.95 | $264K |
| Exercise | Restricted Stock Units | 10,382 | $0.00 | -- |
| Exercise | Common Stock | 10,382 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 47,459 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") convert into the Issuer's common stock on a one-for-one basis. On February 17, 2023, the reporting person was granted 10,382 RSUs vesting on the third anniversay of the grant date. Shares otherwise issuable were withheld to satisfy tax obligations arising out of the vesting of the reporting persons RSUs.
FAQ
What insider transactions did James Chao report at Westlake Corp (WLK)?
James Chao reported RSU vesting and a related tax-withholding share disposition. 10,382 restricted stock units converted into common shares, and 2,664 shares were withheld and disposed of to cover tax obligations tied to the vesting, rather than representing an open-market sale.
How many Westlake Corp (WLK) RSUs vested for James Chao and when?
10,382 restricted stock units vested and converted into common stock for James Chao. These RSUs were originally granted on February 17, 2023 and vested on the third anniversary of the grant date, triggering a one-for-one conversion into Westlake common shares.
Were James Chao’s Westlake Corp (WLK) transactions open-market buys or sells?
The transactions involved RSU conversion and tax withholding, not open-market trades. RSUs converted into common stock at a stated price of $0.00, and 2,664 shares were disposed of under code F specifically to pay tax liabilities tied to the vesting event.
On what dates did James Chao’s Westlake Corp (WLK) equity events occur?
The RSU conversion into common stock occurred on February 17, 2026. The tax-withholding disposition of 2,664 common shares took place on February 18, 2026, one day after the vesting-driven conversion from restricted stock units to Westlake common shares.