Westlake SVP awarded options and RSUs
Westlake Corp SVP Scott Thomas Szwejbka reported several equity compensation transactions.
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Rhea-AI Filing Summary
Westlake Corp SVP Scott Thomas Szwejbka reported several equity compensation transactions. On February 20, 2026, he received an employee stock option grant for 14,595 shares at an exercise price of $0.00 per share and 3,983 restricted stock units, both held directly.
On February 19, 2026, 365 shares of common stock were acquired following the vesting of performance stock units granted on February 17, 2023, after performance criteria were certified. Also on February 20, 2026, 91 shares of common stock were disposed of at $94.10 per share to satisfy tax obligations from the PSU vesting, leaving 13,773 common shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Option (right to buy) | 14,595 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,983 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 91 | $94.10 | $9K |
| Grant/Award | Common Stock | 365 | $0.00 | $0.00 |
Footnotes (5)
- F1. Represents shares of common stock that vested on February 19, 2026, upon the determination by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 17, 2023, under the terms of the Issuer's 2013 Omnibus Incentive Plan.
- F2. Shares otherwise issuable were witheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs.
- F3. The stock options are excercisable in three installments of 33%, 33% and 34% on February 20, 2027, 2028 and 2029, respectively.
- F4. Each restricted stock unit ("RSU") represents a contingent right to recieve one share of the Issuer's common stock.
- F5. All of the RSUs will vest on February 20, 2029.
FAQ
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What equity awards did Westlake (WLK) SVP Scott Thomas Szwejbka receive?
When do Scott Szwejbka’s Westlake (WLK) stock options and RSUs vest?
What does each Westlake (WLK) restricted stock unit represent in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.