Westlake SVP RSUs Vest; Shares Withheld for Taxes
Westlake Corp senior vice president Scott Thomas Szwejbka reported equity award activity involving restricted stock units and common shares.
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Rhea-AI Filing Summary
Westlake Corp senior vice president Scott Thomas Szwejbka reported equity award activity involving restricted stock units and common shares. On February 17, 2026, 977 restricted stock units vested and were converted on a one-for-one basis into 977 shares of common stock. On February 18, 2026, 295 of those shares were withheld at a reference price of $98.95 per share to cover tax obligations arising from the RSU vesting. After these transactions, Szwejbka directly owned 13,499 shares of Westlake common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 295 | $98.95 | $29K |
| Exercise | Restricted Stock Units | 977 | $0.00 | $0.00 |
| Exercise | Common Stock | 977 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units ("RSUs") convert into the Issuer's common stock on a one-for-one basis.
- F2. On February 17, 2023, the reporting person was granted 977 RSUs vesting on the third anniversay of the grant date.
- F3. Shares otherwise issuable were withheld to satisfy tax obligations arising out of the vesting of the reporting persons RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Westlake Corp (WLK) report for Scott Thomas Szwejbka?
What does the RSU transaction for Westlake Corp (WLK) on February 17, 2026 represent?
What is the conversion ratio of Westlake Corp (WLK) restricted stock units to common stock?
When were the restricted stock units for Westlake Corp (WLK) originally granted to Szwejbka?
AI-generated analysis. How Rhea-AI works. Not financial advice.