Westlake Corp (WLK) director reports vesting of 1,339 RSUs into common stock
Rhea-AI Filing Summary
Westlake Corp director reports routine equity award vesting and share acquisition. A board member converted 1,339 restricted stock units into 1,339 shares of Westlake common stock on December 10, 2025, shown as an "M" code transaction. The form reports these shares as directly owned after the transaction.
The restricted stock units were originally granted on December 10, 2024 and vested on the first anniversary of the grant. Each unit converts into one share of common stock at an exercise price of $0, reflecting standard director equity compensation rather than an open-market purchase. The derivative position now shows zero restricted stock units remaining after this vesting and settlement.
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FAQ
What insider transaction did Westlake Corp (WLK) report in this Form 4?
A director of Westlake Corp (WLK) reported the conversion of 1,339 restricted stock units into 1,339 shares of common stock on December 10, 2025, coded as an "M" transaction.
Who is the reporting person and what is their relationship to Westlake Corp (WLK)?
The reporting person is Roger Cregg, who is identified as a Director of Westlake Corp. The form is filed for one reporting person and reports direct ownership of the common shares.
What are the terms of the Westlake Corp (WLK) restricted stock units involved?
The reporting person was granted 1,339 restricted stock units on December 10, 2024, vesting on the first anniversary of the grant. Each unit converts into one share of common stock at an exercise price of $0.
How many Westlake Corp (WLK) shares does the director own after this transaction?
Following the reported transaction, the form shows the director beneficially owns 1,339 shares of Westlake common stock in direct ownership.
Were any derivative securities left outstanding after the Westlake Corp (WLK) RSU conversion?
No. After the restricted stock units converted into common stock on December 10, 2025, the Form 4 shows 0 derivative securities of that RSU grant remaining beneficially owned.
Was the Westlake Corp (WLK) Form 4 transaction made under a Rule 10b5-1 plan?
The form includes a checkbox to indicate if a transaction was made under a Rule 10b5-1(c) trading plan, but the excerpt does not show that box marked as checked for this transaction.