Westlake (NYSE: WLK) awards McCollum RSUs vesting 2027
Rhea-AI Filing Summary
WESTLAKE CORP director Mark A. McCollum reported an equity compensation award of 2,184 Restricted Stock Units on August 14, 2026. These RSUs convert into an equal number of shares of common stock on a one-for-one basis and will fully vest on August 14, 2027. Following this grant, he holds 2,184 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCCOLLUM MARK A
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
Exercise/Conversion Price: 0.0000
Underlying common shares: 2,184
+3 more
6 metrics
RSUs granted
2,184
Restricted Stock Units granted on August 14, 2026
Exercise/Conversion Price
0.0000
Per-unit price for the RSU grant
Underlying common shares
2,184
Common stock issuable upon conversion of RSUs
Post-grant RSU holdings
2,184
Total Restricted Stock Units held directly after the transaction
Grant date
August 14, 2026
Date of RSU award to director
Vesting date
August 14, 2027
Date on which all granted RSUs vest
Key Terms
Restricted Stock Units, one-for-one basis, vest
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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 transaction did WLK director Mark A. McCollum report on this Form 4?
He reported a grant of 2,184 Restricted Stock Units on August 14, 2026. These RSUs are equity compensation and convert into common stock on a one-for-one basis upon vesting.
How many WESTLAKE CORP (WLK) RSUs did Mark A. McCollum receive in this transaction?
He received 2,184 Restricted Stock Units. Each unit represents the right to receive one share of Westlake common stock when the award converts after vesting.
When do Mark A. McCollum’s newly granted WLK Restricted Stock Units vest?
All of the 2,184 Restricted Stock Units vest on August 14, 2027. After vesting, the RSUs convert into an equal number of Westlake common shares, subject to the plan terms.
What is the conversion ratio for Mark A. McCollum’s WLK Restricted Stock Units?
The RSUs convert into common stock on a one-for-one basis. Each of the 2,184 Restricted Stock Units corresponds to one share of Westlake common stock upon conversion.
What are Mark A. McCollum’s direct RSU holdings in WLK after this Form 4 transaction?
After this award, he directly holds 2,184 Restricted Stock Units. These units will vest on August 14, 2027 and then convert into Westlake common stock on a one-for-one basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.