Westlake director converts 2,168 RSUs to shares
Westlake Corp director R. Bruce Northcutt reported an option-style event involving restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Westlake Corp director R. Bruce Northcutt reported an option-style event involving restricted stock units. On August 8, 2026, 2,168 restricted stock units were exercised and converted on a one-for-one basis into 2,168 shares of common stock. Following the conversion, Northcutt directly holds 23,351 shares of Westlake common stock. The units had been granted on August 8, 2025 and vested on the first anniversary of the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 2,168 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,168 | -- | -- |
Footnotes (2)
- F1. Restricted stock units convert into the Issuer's common stock on a one-for-one basis.
- F2. On August 8, 2025 the reporting person was granted 2,168 restricted stock units vesting on the first anniversary of the grant date.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
Exercise or conversion of derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WESTLAKE CORP (WLK) director R. Bruce Northcutt report?
What happened to the 2,168 restricted stock units reported for WESTLAKE CORP (WLK)?
When were the restricted stock units for WESTLAKE CORP (WLK) originally granted to Northcutt?
Was the WESTLAKE CORP (WLK) insider transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.