Westlake Corp (WLK) chair exercises options and sells common stock
Rhea-AI Filing Summary
Westlake Corp’s executive chairman and director reported an option exercise and share sales in the company’s common stock. On 12/22/2025, he exercised an employee stock option to acquire 81,673 shares of common stock at an exercise price of $44.42 per share, increasing his direct holdings.
That same day, he sold shares in several open-market transactions, including 9,711 shares at a weighted average price of $72.818, 30,604 shares at a weighted average price of $73.796, and 521 shares at a weighted average price of $74.443. A portion of the sale proceeds was used to pay the option strike price and related taxes. After these transactions, he directly owned 627,722 shares of Westlake Corp common stock, and the reported option position was reduced to zero.
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FAQ
What insider transaction did Westlake Corp (WLK) report in this Form 4?
The filing reports that Westlake Corp’s executive chairman and director exercised an employee stock option for 81,673 shares of common stock at $44.42 per share on 12/22/2025, and sold portions of the acquired stock in multiple market transactions the same day.
How many Westlake Corp (WLK) shares did the insider sell and at what prices?
On 12/22/2025, the insider sold 9,711 shares at a weighted average price of $72.818, 30,604 shares at a weighted average price of $73.796, and 521 shares at a weighted average price of $74.443. Each weighted average price covers multiple trades within the price ranges described in the notes.
How many Westlake Corp (WLK) shares does the reporting person own after these transactions?
Following the reported option exercise and share sales on 12/22/2025, the executive chairman directly owned 627,722 shares of Westlake Corp common stock.
What happened to the stock options reported by the Westlake Corp (WLK) insider?
The insider exercised an employee stock option covering 81,673 shares of common stock at $44.42 per share. After this exercise, the number of derivative securities (the option) reported as beneficially owned was zero. The option was originally scheduled to vest in three installments of 33%, 33% and 34% in 2017, 2018 and 2019 and had an expiration date of 02/18/2026.
Did the Westlake Corp (WLK) insider use sale proceeds for option costs or taxes?
Yes. The explanation states that a portion of the sale proceeds from the reported stock sales was used to cover the option strike price and related taxes associated with the option exercise disclosed in Table II.
What role does the reporting person hold at Westlake Corp (WLK)?
The reporting person is identified as both a director and an officer, serving as Executive Chairman of Westlake Corp.