Westlake (NYSE: WLK) grants director Lubel 2,184 RSUs vesting in 2027
Rhea-AI Filing Summary
Lubel Kimberly S reported acquisition or exercise transactions in this Form 4 filing.
WESTLAKE CORP director Kimberly S. Lubel received a grant of 2,184 Restricted Stock Units representing an equivalent number of shares of common stock. These RSUs were awarded at $0.00 per unit and will vest on August 14, 2027. Following this grant, she holds 2,184 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lubel Kimberly S
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
Restricted Stock Units granted: 2,184.0000 units
Award price per unit: 0.0000
RSUs outstanding after grant: 2,184.0000 units
+2 more
5 metrics
Restricted Stock Units granted
2,184.0000 units
Equity award to director Kimberly S. Lubel
Award price per unit
0.0000
Grant of Restricted Stock Units at no cash cost to the insider
RSUs outstanding after grant
2,184.0000 units
Total Restricted Stock Units held directly by Kimberly S. Lubel after the reported transaction
Underlying common shares
2,184.0000 shares
Common stock underlying the granted Restricted Stock Units on a one-for-one basis
RSU vesting date
August 14, 2027
Date when all of the reported Restricted Stock Units will vest
Key Terms
Restricted Stock Units, vest, derivative
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.
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.
derivative financial
"transaction_type": "derivative"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What did WESTLAKE CORP (WLK) disclose about Kimberly S. Lubel in this Form 4?
WESTLAKE CORP reported that director Kimberly S. Lubel received a grant of 2,184 Restricted Stock Units. These units convert into common stock on a one-for-one basis, increasing her reported direct equity-based position in the company.
How many Restricted Stock Units did Kimberly S. Lubel receive from WLK?
Kimberly S. Lubel was granted 2,184 Restricted Stock Units of WESTLAKE CORP. Each RSU represents the right to receive one share of common stock, so the award corresponds to 2,184 potential common shares upon settlement.
When do Kimberly S. Lubel’s newly granted WLK Restricted Stock Units vest?
All of Kimberly S. Lubel’s 2,184 Restricted Stock Units will vest on August 14, 2027. Vesting means the units become earned at that time, after which they can convert into an equivalent number of WLK common shares on a one-for-one basis.
What is the conversion ratio of Kimberly S. Lubel’s WLK Restricted Stock Units?
The Form 4 states that Lubel’s Restricted Stock Units convert into WESTLAKE CORP common stock on a one-for-one basis. This means each of the 2,184 RSUs entitles her to receive one share of common stock upon settlement.
What are Kimberly S. Lubel’s reported holdings after this WLK RSU grant?
After the transaction, Kimberly S. Lubel is reported to directly hold 2,184 Restricted Stock Units. These RSUs represent potential future ownership of 2,184 shares of WESTLAKE CORP common stock, subject to vesting on August 14, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
