Westlake (NYSE: WLK) director gets 2,184 RSUs vesting in 2027
Rhea-AI Filing Summary
Westlake Corp (WLK) director Catherine T. Chao received a grant of 2,184 Restricted Stock Units linked to Westlake common stock. The RSUs convert into common stock on a one-for-one basis and will fully vest on August 14, 2027, bringing her directly held RSU-based position to 2,184 underlying shares.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chao Catherine T.
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
Underlying common shares: 2,184
Vesting date: August 14, 2027
+2 more
5 metrics
RSUs granted
2,184
Restricted Stock Units awarded to director Catherine T. Chao on 2026-08-14
Underlying common shares
2,184
Each RSU converts into one share of Westlake common stock
Vesting date
August 14, 2027
All of the restricted stock units will vest on this date
Holdings after transaction
2,184
Total RSU-based position following the reported award
Transaction price per unit
0.0000
Awarded RSUs granted without a per-unit purchase price
Key Terms
Restricted Stock Units, one-for-one basis, vest
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.
one-for-one basis financial
"Restricted stock units convert into the Issuer's common stock on a one-for-one basis."
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.
FAQ
What insider equity award did Westlake Corp (WLK) director Catherine T. Chao receive?
Catherine T. Chao received a grant of 2,184 Restricted Stock Units tied to Westlake Corp common stock. These RSUs represent a future right to receive an equivalent number of common shares, subject to vesting conditions.
When do Catherine T. Chao’s new Westlake Corp (WLK) RSUs vest?
All of Catherine T. Chao’s newly granted 2,184 RSUs vest on August 14, 2027. After that vesting date, each unit converts into one share of Westlake common stock, assuming continued satisfaction of the award’s conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.