Westlake (NYSE: WLK) VP receives new options and RSU awards
Rhea-AI Filing Summary
Westlake Corp vice president and chief accounting officer Jeffrey Adam Holy reported multiple equity awards and a small tax-related share disposition. On February 20, 2026, he was granted employee stock options covering 4,394 shares and restricted stock units (RSUs) for 1,199 and 2,540 shares, all at a grant price of $0.0000 per share.
According to the filing, the stock options vest in three installments of 33%, 33%, and 34% on February 20, 2027, February 20, 2028, and February 20, 2029, and all RSUs will vest on February 20, 2029. He also acquired 264 shares of common stock on February 19, 2026 upon performance stock unit vesting, while 81 shares were withheld at $94.10 per share to cover tax obligations.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Option (right to buy) | 4,394 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,199 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,540 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 81 | $94.10 | $8K |
| Grant/Award | Common Stock | 264 | $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
What insider equity awards did Westlake Corp (WLK) report for Jeffrey Adam Holy?
How do the new stock options granted to Westlake Corp VP Jeffrey Adam Holy vest?
When will Jeffrey Adam Holy’s new restricted stock units at Westlake Corp vest?
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