WLK Insider Filing: 2,168 RSUs Added; Total 12,759 Shares
Rhea-AI Filing Summary
Jeffrey W. Sheets, a director of Westlake Corporation (WLK), reported restricted stock unit and common share transactions. On 08/08/2025 the filing shows acquisition of 2,168 restricted stock units that convert one-for-one into common stock. A separate reported transaction on 08/09/2025 involves 1,128 restricted stock units with 0 derivative securities shown as held following that transaction.
Following the reported activity the Form 4 lists 12,759 common shares beneficially owned (direct). The filing states all restricted stock units will vest on August 8, 2026 and notes the 1,128-unit grant was made on August 9, 2024 with a one-year vesting schedule.
Positive
- Beneficial ownership reported at 12,759 common shares (direct), explicitly stated in the filing
- 2,168 restricted stock units acquired on 08/08/2025 that convert one-for-one into common shares
- All restricted stock units vest on August 8, 2026, giving clear vesting schedule
- Derivative entries show $0 price, indicating awarded RSUs rather than cash purchases
Negative
- None.
Insights
TL;DR: Routine equity compensation and vesting disclosures; increases in reported direct holdings are administrative, not governance changes.
The Form 4 documents award- and vesting-related activity by a director rather than executive compensation changes or transfers to third parties. The filing shows conversion mechanics (one-for-one RSU to common stock) and a future vesting date, which are standard for equity-based incentives. The reported direct beneficial ownership of 12,759 shares provides a clear snapshot of current holdings but does not, by itself, indicate changes in control or governance dynamics.
TL;DR: Insider reported receipt and conversion of RSUs, modest change in shareholdings; no sale or material disposition reported.
The filing lists an acquisition-type entry for 2,168 RSUs and a separate transaction involving 1,128 RSUs, with derivative entries priced at $0, consistent with granted awards rather than market purchases. The combination of converted/vested units and outstanding RSUs results in 12,759 direct common shares reported. From a market-impact perspective, these figures are small relative to large-cap capitalization and represent compensation-related ownership rather than active trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,128 | $0.00 | -- |
| Exercise | Common Stock | 1,128 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,168 | $0.00 | -- |
Footnotes (1)
- Restricted stock units convert into the Issuer's common stock on a one-for-one basis. All of the restricted stock units will vest on August 8, 2026. On August 9, 2024 the reporting person was granted 1,128 restricted stock units vesting on the first anniversary of the grant date.