Westlake (NYSE: WLK) director gets 2,184 RSUs vesting in 2027
Rhea-AI Filing Summary
Westlake Corp (WLK) director David Tsung-Hung Chao reported receiving a grant of 2,184 Restricted Stock Units (RSUs) on August 14, 2026. Each RSU converts into one share of Westlake common stock. All 2,184 RSUs are scheduled to vest on August 14, 2027, and the reported holdings after this award total 2,184 RSUs held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chao David Tsung-Hung
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 units
Exercise/Conversion ratio: 1.0
Vesting date: August 14, 2027
+2 more
5 metrics
RSUs granted
2,184 units
Restricted Stock Units awarded to David Tsung-Hung Chao on August 14, 2026
Exercise/Conversion ratio
1.0
Each RSU converts into one share of Westlake common stock on a one-for-one basis
Vesting date
August 14, 2027
All of the 2,184 restricted stock units will vest on this date
Price per RSU
$0.00
Reported transaction price per Restricted Stock Unit in the grant
Holdings after transaction
2,184 units
Total Restricted Stock Units held directly by David Tsung-Hung Chao 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 David Tsung-Hung Chao receive?
David Tsung-Hung Chao received a grant of 2,184 Restricted Stock Units (RSUs) in Westlake Corp on August 14, 2026. These RSUs are a form of stock-based compensation that convert into common shares upon vesting on a future date.
When do the newly granted RSUs for Westlake Corp (WLK) vest?
All of the 2,184 RSUs vest on August 14, 2027. Once vested, each RSU converts into one share of Westlake common stock, increasing the director’s actual share ownership if the units are settled in stock and retained.
How many Westlake Corp (WLK) RSUs does David Tsung-Hung Chao hold after this Form 4 transaction?
Following this transaction, David Tsung-Hung Chao’s reported holdings consist of 2,184 Restricted Stock Units held directly. These units represent the award reported and will convert into an equal number of common shares upon vesting, assuming settlement in stock.
Does the Westlake Corp (WLK) Form 4 involve any stock sales or purchases in the market?
The Form 4 reports no open-market stock purchases or sales. It reflects only a grant of 2,184 Restricted Stock Units at a price of $0.00 per unit, consistent with equity compensation awards rather than cash transactions in the public market.
Is the Westlake Corp (WLK) RSU grant to David Tsung-Hung Chao tied to a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed. This RSU grant is reported as a compensation award, not as a transaction executed under a pre-arranged Rule 10b5-1 trading plan for buying or selling existing shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.