WLK director reports RSU activity — 2,168 and 1,128 unit entries
Rhea-AI Filing Summary
Westlake Corporation (WLK) director Catherine T. Chao reported restricted stock unit activity and changes in beneficial ownership. The filing shows acquisitions or grant-related entries dated 08/08/2025 and 08/09/2025, including 2,168 restricted stock units on 08/08/2025 and a separate 1,128 restricted stock unit transaction on 08/09/2025. The filing states restricted stock units convert one-for-one into common stock and that all of the 2,168 units will vest on August 8, 2026. An earlier grant of 1,128 RSUs was made on August 9, 2024 and vests on its first anniversary.
The report also shows beneficial ownership following the reported transactions of 5,580 shares held directly and 19,423 shares held indirectly in a trust for the reporting person, who serves as sole trustee. Explanations in the filing describe the trust and the one-for-one conversion feature of the RSUs.
Positive
- 2,168 restricted stock units granted on 08/08/2025 that convert one-for-one to common stock
- Documented beneficial ownership of 5,580 shares directly and 19,423 shares indirectly via a trust where the reporting person is sole trustee
Negative
- None.
Insights
TL;DR: Director received RSU awards and holds both direct and trust-held shares; transaction appears routine compensation-related activity.
The Form 4 shows grant and acquisition entries for restricted stock units totaling reported amounts of 2,168 and 1,128 units on consecutive dates in August 2025. The filing explicitly states RSUs convert one-for-one into common shares and that the 2,168 units vest on August 8, 2026. Post-transaction beneficial ownership is documented as 5,580 shares directly and 19,423 shares indirectly via a trust. From an analyst perspective, these entries reflect equity compensation and existing insider ownership rather than a liquidation or large-scale transfer. The filing does not disclose cash proceeds, sales, or exercises that would materially alter outstanding share counts or company leverage.
TL;DR: Disclosure documents standard RSU grants and confirms trust-held shares; governance disclosures are complete and explicit.
The report names the reporting person as a director and provides explicit descriptions: RSUs convert one-for-one to common stock, certain RSUs vest on a stated date, and indirect ownership exists through a trust for which the reporting person is sole trustee. These elements satisfy standard Section 16 disclosure requirements by reporting beneficial ownership and the nature of indirect holdings. The filing does not show any sales, option exercises, or changes to voting arrangements beyond the trust disclosure. No governance red flags or adverse events are documented in the content provided.