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Westlake (NYSE: WLK) awards 2,184 RSUs to director Sheets

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Westlake Corp (WLK) director Jeffrey Wayne Sheets reported a grant of 2,184 Restricted Stock Units. These RSUs convert into Westlake common stock on a one-for-one basis and all are scheduled to vest on August 14, 2027. Following this award, Sheets directly holds 2,184 RSUs, each representing one underlying share of common stock.

Positive

  • None.

Negative

  • None.
Insider Sheets Jeffrey Wayne
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)
  1. F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
  2. F2. All of the restricted stock units will vest on August 14, 2027.
RSUs granted 2,184 units Restricted Stock Units granted to Jeffrey Wayne Sheets on 2026-08-14
Underlying common shares 2,184 shares RSUs convert into common stock on a one-for-one basis
RSU vesting date August 14, 2027 All reported RSUs vest on this date
Post-transaction RSU holdings 2,184 units Total RSUs directly held after the reported grant
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.
derivative financial
"transaction_type is derivative for the Restricted Stock Units award"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.

FAQ

What equity award did Westlake Corp (WLK) director Jeffrey Wayne Sheets receive?
Jeffrey Wayne Sheets received a grant of 2,184 Restricted Stock Units. Each RSU represents one share of Westlake common stock and will convert into common shares upon vesting, providing additional equity-based compensation tied to company performance.

When do Jeffrey Wayne Sheets’ new RSUs in Westlake Corp (WLK) vest?
All of the awarded RSUs vest on August 14, 2027. Vesting means the units convert into Westlake common stock on a one-for-one basis at that time, assuming continued satisfaction of the award’s conditions.

How many Westlake Corp (WLK) RSUs does Jeffrey Wayne Sheets hold after this Form 4?
After the reported transaction, Jeffrey Wayne Sheets directly holds 2,184 Restricted Stock Units. Each RSU is linked to one underlying share of Westlake common stock, reflecting his equity-based interest following this single grant event.

What is the exercise or conversion ratio of Jeffrey Wayne Sheets’ RSUs in Westlake Corp (WLK)?
The RSUs convert into Westlake common stock on a one-for-one basis. This means each of the 2,184 Restricted Stock Units, once vested, will deliver one share of Westlake common stock to the reporting person.

Did Jeffrey Wayne Sheets buy or sell Westlake Corp (WLK) shares in this Form 4?
No open-market buy or sell is reported; it is a grant of 2,184 RSUs. The Form 4 records an acquisition of derivative securities as compensation, not a purchase or sale of already outstanding common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sheets Jeffrey Wayne
(Last)(First)(Middle)
2801 POST OAK BLVD., STE. 600
(Street)
HOUSTON TEXAS 77056
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
WESTLAKE CORP [ WLK ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)08/14/2026A2,184 (2) (2)Common Stock2,184$02,184D
Explanation of Responses:
1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
2. All of the restricted stock units will vest on August 14, 2027.
Jeffrey Sheets by J Feng POA08/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR