WLK Form 4: Executive RSUs Converted and Tax-Withholding Sale
Rhea-AI Filing Summary
Scott Szwejbka, SVP, HIP Segment Head at Westlake Corp (WLK), reported vesting and disposition activity in the company’s common stock. On 10/01/2025 10,840 restricted stock units (RSUs) vested and converted one-for-one into 10,840 shares of common stock, increasing his beneficial holdings to 16,659 shares. On 10/02/2025 a disposition of 3,842 shares occurred, listed as a sale at $76.70 per share, reducing his beneficial ownership to 12,817 shares; the filing explains these shares were withheld to satisfy tax obligations arising from the RSU vesting. The Form 4 was signed by power of attorney on 10/03/2025.
Positive
- 10,840 RSUs vested into common stock on 10/01/2025
- RSU grant executed per schedule (grant date 10/01/2021, four-year vesting)
Negative
- 3,842 shares were disposed of (withheld) to satisfy tax obligations after vesting
- Reported direct holdings decreased from 16,659 to 12,817 shares following the withholding
Insights
Insider RSU vesting and tax-withholding sale changed direct holdings by 3,842 shares.
The filing documents a standard executive compensation event where 10,840 RSUs vested into common stock on 10/01/2025, raising reported direct holdings to 16,659 shares. The subsequent 3,842 share disposition on 10/02/2025 was used to satisfy tax obligations and reduced holdings to 12,817 shares.
This pattern is administrative and common after vesting; it reflects compensation realization rather than an opportunistic open-market sale unconnected to vesting.
RSU grant from 2021 completed its four-year vesting, converting to shares with tax withholding.
The explanation states the RSUs were granted on 10/01/2021 and vested on the fourth anniversary, yielding 10,840 shares. The filing explicitly notes 3,842 shares were withheld to cover tax obligations.
From a pay-structure view, this confirms the grant schedule executed as intended and that net new shares retained by the executive after tax withholding are 6,998 from this vesting event.