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Westlake Corp (WLK) VP logs RSU vesting and tax-share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Westlake Corp vice president and chief accounting officer Jeffrey Adam Holy reported routine equity award activity. On February 17, 706 restricted stock units granted in 2023 vested and converted into 706 shares of common stock on a one-for-one basis, increasing his direct holdings. On February 18, 213 of those shares, valued at $98.95 per share, were withheld to cover tax obligations arising from the RSU vesting, leaving him with 4,941 shares of common stock held directly.

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SEC Form 4
FORM 4 UNITED 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*
Holy Jeffrey Adam

(Last) (First) (Middle)
2801 POST OAK BLVD., SUITE 600

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESTLAKE CORP [ WLK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP and CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 M 706 A $0(1) 5,154 D
Common Stock 02/18/2026 F 213(3) D $98.95 4,941 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/17/2026 M 706 (2) (2) Common Stock 706 $0 0 D
Explanation of Responses:
1. Restricted stock units ("RSUs") convert into the Issuer's common stock on a one-for-one basis.
2. On February 17, 2023, the reporting person was granted 706 RSUs vesting on the third anniversay of the grant date.
3. Shares otherwise issuable were withheld to satisfy tax obligations arising out of the vesting of the reporting persons RSUs.
Jeffrey Holy by J Feng POA 02/19/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did Westlake Corp (WLK) report for Jeffrey Adam Holy?

Westlake Corp reported that VP and CAO Jeffrey Adam Holy had 706 restricted stock units vest and convert into common stock, followed by 213 shares withheld to satisfy taxes. After these routine equity award transactions, he directly holds 4,941 shares of Westlake common stock.

Were the Westlake (WLK) insider transactions open-market buys or sells?

The reported Westlake transactions were not open-market buys or sells. They reflect RSU vesting and conversion into 706 common shares, plus a tax-withholding disposition of 213 shares to cover tax obligations linked to that vesting, which is typical for equity compensation.

How many Westlake (WLK) shares does Jeffrey Adam Holy own after this Form 4?

After the reported RSU conversion and tax withholding, Jeffrey Adam Holy directly owns 4,941 shares of Westlake common stock. This figure reflects 706 shares issued from vested RSUs, reduced by 213 shares withheld by the issuer to satisfy related tax obligations.

What do the vested RSUs mean in the Westlake (WLK) Form 4 filing?

The filing shows 706 restricted stock units granted on February 17, 2023 vested on their third anniversary and converted into 706 common shares. RSUs are stock-based awards that become actual shares at vesting, typically as part of long-term compensation for senior executives.

Why were 213 Westlake (WLK) shares withheld in the insider transaction?

The Form 4 notes that 213 shares otherwise issuable were withheld to satisfy tax obligations from the vesting of RSUs. Instead of paying cash for taxes, a portion of the newly delivered shares was retained by the issuer to cover the executive’s tax liability.
WESTLAKE CORPORATION

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12.19B
33.09M
Specialty Chemicals
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United States
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