WLK Form 4: Northcutt Records RSU Grants and Share Changes to 21,183
Rhea-AI Filing Summary
R. Bruce Northcutt, a director of Westlake Corporation (WLK), reported stock-unit activity on the issuer's Form 4. The Form records activity on 08/08/2025 and 08/09/2025 consisting of restricted stock units and common-stock entries that affect his holdings.
The filing shows 2,168 restricted stock units reported on 08/08/2025 and an additional 1,128 common-stock units reported on 08/09/2025. The restricted stock units convert one-for-one into common stock and are disclosed to vest on August 8, 2026. Following the reported transactions the form shows the reporting person directly beneficially owns 21,183 shares of Westlake common stock. One grant of 1,128 restricted stock units was originally granted on August 9, 2024 and noted as vesting on its first anniversary.
Positive
- None.
Negative
- None.
Insights
Insider received RSU grants and conversions, modestly changing direct holdings to 21,183 shares.
The Form 4 discloses two related events: a grant or report of 2,168 restricted stock units on 08/08/2025 and a reported common-stock entry of 1,128 on 08/09/2025. The filing explicitly states RSUs convert one-for-one into common stock and that the RSUs vest on August 8, 2026. The reporting person is identified as a director. From an investor-impact perspective these are routine compensation and conversion items that change insider holdings but do not, by themselves, indicate a material corporate event.
Director compensation and vesting schedule disclosed; holdings updated but no material governance action reported.
The submission documents equity-based grants and a conversion related to a director, with 2,168 RSUs reported on 08/08/2025 and a 1,128 share-related entry on 08/09/2025. The disclosure clarifies RSUs convert on a one-for-one basis and vest on August 8, 2026, and that one tranche was originally granted on August 9, 2024. These items are consistent with standard board compensation and vesting disclosures; the filing updates insider ownership to 21,183 direct shares without indicating governance changes or material strategic actions.