WLK Form 4: Director Roger Cregg awarded 2,168 restricted stock units
Rhea-AI Filing Summary
Roger A. Cregg, a director of Westlake Corporation (WLK), reported an acquisition of 2,168 restricted stock units (RSUs) on 08/08/2025. The RSUs convert one-for-one into the issuer's common stock, and all units are scheduled to vest on 08/08/2026. The transaction is recorded as an acquisition (A) with an indicated price of $0, reflecting a grant of RSUs rather than a cash purchase. The reported ownership form is direct.
This filing documents an equity grant to a director that will become common shares if vesting conditions are met; no other purchases, sales, or derivative exercises are disclosed in this report.
Positive
- None.
Negative
- None.
Insights
TL;DR: A director received a one-year-vesting RSU grant of 2,168 shares; this is a standard equity compensation disclosure.
This Form 4 shows a grant of 2,168 RSUs to Roger Cregg, reported as acquired on 08/08/2025 and vesting on 08/08/2026. The RSUs convert one-for-one to common stock and are recorded at $0, consistent with restricted-unit compensation rather than a market purchase. From a governance perspective, the filing documents routine director equity alignment with shareholders but contains no additional material changes to ownership percentages or control disclosed within this form.
TL;DR: The reported item is a small RSU grant to a director with a one-year vest; the filing itself is unlikely to be material to investors.
The report lists only 2,168 RSUs that will convert to common stock on a one-for-one basis and vest on 08/08/2026. No cash consideration or derivative transactions are reported. As presented, the disclosure documents director compensation and future potential dilution of 2,168 shares if vested and converted, but the form does not indicate any immediate market transaction or change in control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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.