Westlake (NYSE: WLK) director Patel awarded 2,184 RSUs
Rhea-AI Filing Summary
WESTLAKE CORP director Bhavesh V. Patel received a grant of 2,184 Restricted Stock Units on August 14, 2026. The RSUs convert into an equal number of shares of common stock on a one-for-one basis and will vest on August 14, 2027. Following this award, Patel holds 2,184 RSUs directly.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patel Bhavesh V.
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
RSUs granted: 2,184 units
Transaction price per unit: $0.0000
Underlying common shares: 2,184 shares
+2 more
5 metrics
RSUs granted
2,184 units
Restricted Stock Units awarded to Bhavesh V. Patel on August 14, 2026
Transaction price per unit
$0.0000
Reported price for the 2,184 RSUs granted
Underlying common shares
2,184 shares
Each RSU converts into one share of common stock
Post-transaction RSU holdings
2,184 units
Total Restricted Stock Units held by Patel following the grant
RSU vesting date
August 14, 2027
Date when all of the granted RSUs will vest
Key Terms
Restricted Stock Units, vest, one-for-one basis
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.
one-for-one basis financial
"Restricted stock units convert into the Issuer's common stock on a one-for-one basis."
FAQ
What insider transaction did WLK director Bhavesh V. Patel report on this Form 4?
Bhavesh V. Patel reported a grant of 2,184 Restricted Stock Units of Westlake Corp on August 14, 2026. These RSUs are a form of equity compensation and convert into common stock on a one-for-one basis when they settle.
When do Bhavesh V. Patel’s 2,184 WLK Restricted Stock Units vest?
All 2,184 of Patel’s RSUs will vest on August 14, 2027. Vesting means the units become non-forfeitable and can convert into an equal number of Westlake common shares under the plan terms.
How many Westlake (WLK) Restricted Stock Units does Bhavesh V. Patel hold after this transaction?
After the reported grant, Patel holds 2,184 Restricted Stock Units directly. These RSUs each represent the right to receive one share of Westlake common stock upon vesting and settlement, assuming applicable conditions are satisfied.
How do Bhavesh V. Patel’s WLK Restricted Stock Units convert into common stock?
The RSUs convert into Westlake common stock on a one-for-one basis. For each of the 2,184 Restricted Stock Units that vest and settle, Patel is entitled to receive one share of Westlake common stock, subject to plan conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.