Westlake CFO exercises options, sells 17,409 shares
Westlake Corp EVP & CFO Mark Steven Bender reported multiple equity transactions dated February 27, 2026.
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Rhea-AI Filing Summary
Westlake Corp EVP & CFO Mark Steven Bender reported multiple equity transactions dated February 27, 2026. He exercised two employee stock options for 6,199 and 6,494 shares, converting them into common stock at exercise prices of $65.8125 and $86.5379 per share.
On the same date, he disposed of 12,693 common shares to the issuer at $98.20 per share and completed open-market sales of 16,988 shares at a weighted average price of $100.91 and 421 shares at $101.515 per share. Following these transactions, he directly owned 44,433 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Option (right to buy) | 6,199 | $0.00 | $0.00 |
| Exercise | Employee Option (right to buy) | 6,494 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,199 | $65.8125 | $408K |
| Exercise | Common Stock | 6,494 | $86.5379 | $562K |
| Disposition | Common Stock | 12,693 | $98.20 | $1.25M |
| Sale | Common Stock | 16,988 | $100.91 | $1.71M |
| Sale | Common Stock | 421 | $101.515 | $43K |
Footnotes (3)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $100.38 to $101.36 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.
- F2. The stock options are exercisable in three installments of 33%. 33% and 34% on February 14, 2021, 2022 and 2023, respectively.
- F3. The stock options are exercisable in three installments of 33%, 33% and 34% on February 19, 2022, 2023 and 2024, respectively.
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What insider transactions did Westlake Corp (WLK) report for its CFO?
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