Westlake CEO granted options and RSUs
Westlake Corp President and CEO Jean-Marc Gilson reported equity awards consisting of stock options and restricted stock units.
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Rhea-AI Filing Summary
Westlake Corp President and CEO Jean-Marc Gilson reported equity awards consisting of stock options and restricted stock units. He was granted 109,139 employee stock options at an exercise price of $0.00 and 29,784 restricted stock units, each RSU representing the right to receive one share of common stock. The options become exercisable in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029, while all RSUs vest on February 20, 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Option (right to buy) | 109,139 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 29,784 | $0.00 | $0.00 |
Footnotes (3)
- F1. The stock options are excercisable in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029, respectively.
- F2. Each restricted stock unit ("RSU") represents a contingent right to recieve one share of the Issuer's common stock.
- F3. All of the RSUs will vest on February 20, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Westlake (WLK) report for Jean-Marc Gilson?
How many stock options were granted to the Westlake (WLK) CEO?
What restricted stock unit (RSU) awards did Westlake (WLK) disclose?
When do the Westlake (WLK) CEO’s new equity awards vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.