Westlake Corp (WLK) director exercises 2,168 RSUs into common stock holdings
Rhea-AI Filing Summary
Westlake Corp director Roger A. Cregg reported the vesting and exercise of 2,168 restricted stock units into an equal number of shares of common stock on August 8, 2026. Restricted stock units convert into common stock on a one-for-one basis. Following the transaction, Cregg directly holds 3,507 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,168 shares
Net Buy
2 txns
Insider
CREGG ROGER A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 2,168 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,168 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,168 shares (Direct);
Common Stock — 3,507 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- F2. On August 8, 2025 the reporting person was granted 2,168 restricted stock units vesting on the first anniversary of the grant date.
Key Figures
Restricted stock units exercised: 2,168 units
Common shares acquired from RSUs: 2,168 shares
Common shares held after transaction: 3,507 shares
+2 more
5 metrics
Restricted stock units exercised
2,168 units
Restricted stock units converted into common stock on August 8, 2026
Common shares acquired from RSUs
2,168 shares
Shares of common stock received upon RSU conversion
Common shares held after transaction
3,507 shares
Directly held Westlake Corp common stock following the Form 4 transaction
RSU grant date
August 8, 2025
Date 2,168 restricted stock units were originally granted
RSU vesting term
First anniversary
RSUs vest on the first anniversary of the August 8, 2025 grant
Key Terms
Restricted stock units, Exercise or conversion of derivative security, derivative security
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Westlake Corp (WLK) director Roger A. Cregg report in this Form 4?
Roger A. Cregg reported the exercise of 2,168 restricted stock units into 2,168 shares of Westlake Corp common stock on August 8, 2026, increasing his directly held common stock position to 3,507 shares after the transaction.
How many Westlake Corp (WLK) restricted stock units did Cregg convert and at what ratio?
Cregg converted 2,168 restricted stock units into common stock at a one-for-one ratio. A footnote explains that each restricted stock unit converts into one share of Westlake Corp common stock, so 2,168 units became 2,168 common shares in this transaction.
What are Roger A. Cregg’s Westlake Corp (WLK) common stock holdings after this Form 4 transaction?
After the reported transaction, Cregg directly holds 3,507 shares of Westlake Corp common stock. This reflects the addition of 2,168 shares received from the conversion of previously granted restricted stock units that vested and were exercised on August 8, 2026.
Were the Westlake Corp (WLK) restricted stock units newly granted in this Form 4?
No. A footnote states the 2,168 restricted stock units were granted on August 8, 2025 and vested on the first anniversary of that grant date. The Form 4 now reports their conversion into common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
