WLK Insider Filing: Graff Records 2,168 RSUs, Ownership 21,142 Shares
Rhea-AI Filing Summary
Michael J. Graff, a director of Westlake Corporation (WLK), filed a Form 4 reporting restricted stock unit activity and resulting ownership. The filing shows an acquisition on 08/08/2025 of 2,168 restricted stock units and a related transaction on 08/09/2025 affecting 1,128 restricted stock units. The document states restricted stock units convert into common stock one-for-one and that all restricted stock units will vest on August 8, 2026. The report lists a beneficial ownership of 21,142 common shares following the reported transactions. The form is signed by Michael Graff by POA on 08/11/2025.
Positive
- Director Michael J. Graff received 2,168 restricted stock units on 08/08/2025
- RSUs convert to common stock on a one-for-one basis
- Filing discloses clear vesting date: August 8, 2026
Negative
- None.
Insights
TL;DR: Director received RSUs increasing reported holdings to 21,142 shares; transactions are routine compensation/vesting events.
The Form 4 documents equity-based compensation activity for Director Michael J. Graff rather than an open-market purchase or sale. The filing explicitly reports acquisitions of restricted stock units on 08/08/2025 (2,168 RSUs) and a related entry on 08/09/2025 for 1,128 RSUs. The RSUs convert one-for-one into common stock and a vesting date of August 8, 2026 is specified. From an investor-materiality perspective, the filing documents insider compensation and ownership levels but does not present quantifiable information about economic impact, price paid, or shares representing a material percentage of outstanding equity.
TL;DR: Filing indicates standard director equity awards and clear vesting mechanics; no governance red flags disclosed.
The disclosure shows restricted stock units granted/recorded for a director with explicit conversion and vesting terms: RSUs convert one-for-one into common shares and vest on a stated date. The report is signed by POA, and includes grant history (a 1,128 RSU grant dated 08/09/2024 vesting on its first anniversary). These are routine governance/compensation disclosures; the itemized entries and explanatory footnotes align with typical Section 16 reporting requirements. No departures from standard disclosure practice are evident in the text provided.
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.