Westlake (WLK) insider filing: 2,168 RSUs and 1,128-unit transaction disclosed
Rhea-AI Filing Summary
Westlake Corporation (WLK) insider filing shows director Carolyn C. Sabat reported equity award activity on Form 4. The filing records restricted stock unit (RSU) transactions dated 08/08/2025 and 08/09/2025. The RSUs convert into common stock on a one-for-one basis and all RSUs will vest on August 8, 2026. The filing lists an acquisition of 2,168 RSUs on 08/08/2025 and a transaction involving 1,128 RSUs on 08/09/2025, with the entries showing the number of underlying common shares associated with each RSU line.
The reporting person is identified as a director of the issuer. The form is signed by Carolyn C. Sabat by POA J Feng and dated 08/11/2025. The document provides specific grant, conversion, and vesting details but does not include additional context such as exercise prices beyond $0 for the RSUs or the economic rationale for the transactions.
Positive
- Clear disclosure of RSU awards with conversion terms: RSUs convert one-for-one into common stock
- Explicit vesting schedule provided: all RSUs will vest on August 8, 2026
- Reporting person identified as a director, improving transparency for investors
Negative
- None.
Insights
TL;DR: Routine insider equity awards recorded; RSUs convert one-for-one and vest 08/08/2026.
The Form 4 documents compensation-related equity activity for director Carolyn C. Sabat. It shows a grant/acquisition event for 2,168 restricted stock units dated 08/08/2025 and a separate RSU-related transaction of 1,128 units dated 08/09/2025. The filing explicitly states RSUs convert into common stock on a one-for-one basis and that all RSUs will vest on August 8, 2026. The form is executed by POA J Feng on 08/11/2025. From a reporting perspective this is a clear, specific disclosure of equity compensation and resulting beneficial ownership changes; it contains no additional financial performance or cash transaction details.
TL;DR: Disclosure appears routine for director compensation; vesting schedule and conversion terms are clearly stated.
The filing identifies the reporting person as a director and discloses restricted stock units with explicit conversion (one-for-one) and a stated vesting date of August 8, 2026. The record includes transaction dates (08/08/2025 and 08/09/2025) and shows the numbers of RSUs involved (2,168 and 1,128). The presence of a POA signature and the clear explanatory notes meet standard disclosure expectations for director equity awards. The filing does not disclose any departures from routine award practice or governance concerns within the document itself.