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Westlake (NYSE: WLK) director Patel awarded 2,184 RSUs

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(Neutral)
Form Type
4

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

  • None.
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)
  1. F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
  2. F2. All of the restricted stock units will vest on August 14, 2027.
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
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.

What is the price per share for the WLK Restricted Stock Units granted to Bhavesh V. Patel?

The Form 4 lists a transaction price of $0.0000 per unit for Patel’s RSU grant. This reflects that the RSUs are an equity award granted as compensation rather than purchased in an open-market transaction.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Patel Bhavesh V.

(Last)(First)(Middle)
2801 POST OAK BLVD.

(Street)
HOUSTON TEXAS 77056

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WESTLAKE CORP [ WLK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)08/14/2026A2,184 (2) (2)Common Stock2,184$02,184D
Explanation of Responses:
1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
2. All of the restricted stock units will vest on August 14, 2027.
Bhavesh Patel by J Feng POA08/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)