[Form 4] WESTLAKE CORP Insider Trading Activity
Rhea-AI Filing Summary
Westlake Corp executive Robert F. Buesinger reported multiple equity compensation transactions. On February 20, 2026, he received an employee stock option grant for 19,351 options at an exercise price of $0.00 per share, which become exercisable in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029. He also received 5,281 restricted stock units, each representing one share of common stock, which will fully vest on February 20, 2029.
Separately, on February 19, 2026, 1,301 shares of common stock vested upon satisfaction of performance criteria under performance stock units granted in 2023. To satisfy tax obligations from this vesting, 326 shares of common stock were disposed of at a weighted average price of $94.101 per share in multiple transactions between $94.10 and $94.29, leaving him with 38,482 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Option (right to buy) | 19,351 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,281 | $0.00 | -- |
| Tax Withholding | Common Stock | 326 | $94.101 | $31K |
| Grant/Award | Common Stock | 1,301 | $0.00 | -- |
Footnotes (1)
- Represents shares of common stock that vested on February 19, 2026, upon the determination by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 17, 2023, under the terms of the Issuer's 2013 Omnibus Incentive Plan. Shares otherwise issuable were witheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs. Weighted average price. These shares were sold in multiple transactions at prices ranging from $94.10 to $94.29, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The stock options are excercisable in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029, respectively. Each restricted stock unit ("RSU") represents a contingent right to recieve one share of the Issuer's common stock. All of the RSUs will vest on February 20, 2029.