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[Form 4/A] WESTLAKE CHEMICAL PARTNERS LP Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A
Rhea-AI Filing Summary

Jean-Marc Gilson, President, CEO and Director of Westlake Chemical Partners LP (WLKP), amended a prior Form 4 to disclose an additional insider purchase. The amendment reports that 320 common units were purchased on 08/28/2024 at a price of $22.95 per unit, bringing the reporting persons beneficial ownership to 3,427 common units. The amendment states the 320 units were inadvertently omitted from the original Form 4 filed for the same date.

The Form 4/A is signed by a power of attorney on 08/28/2025 and clarifies that this filing supplements, rather than replaces, the original disclosure.

Jean-Marc Gilson, Presidente, CEO e Direttore di Westlake Chemical Partners LP (WLKP), ha modificato un precedente Modulo 4 per comunicare un acquisto aggiuntivo da parte di un insider. La modifica indica che 320 unità ordinarie sono state acquistate il 28/08/2024 al prezzo di $22,95 per unità, portando la partecipazione beneficiaria della persona segnalante a 3.427 unità ordinarie. La dichiarazione precisa che le 320 unità erano state omesse per errore dal Modulo 4 originale presentato per la stessa data.

Il Modulo 4/A è firmato con procura il 28/08/2025 e chiarisce che questo inserimento integra, e non sostituisce, la divulgazione iniziale.

Jean-Marc Gilson, Presidente, CEO y Director de Westlake Chemical Partners LP (WLKP), enmendó un Formulario 4 previo para revelar una compra adicional por parte de un insider. La enmienda señala que se adquirieron 320 unidades ordinarias el 28/08/2024 a $22.95 por unidad, llevando la propiedad beneficiaria de la persona informante a 3.427 unidades ordinarias. La enmienda indica que las 320 unidades fueron omitidas por error en el Formulario 4 original presentado en la misma fecha.

El Formulario 4/A está firmado por poder el 28/08/2025 y aclara que esta presentación complementa, y no reemplaza, la divulgación original.

Jean-Marc Gilson, Westlake Chemical Partners LP(WLKP)의 회장이자 CEO 및 이사인 Jean-Marc Gilson이 이전 Form 4를 수정하여 추가 임원 매입을 공시했습니다. 수정서에 따르면 2024년 8월 28일에 보통주 320단위를 단위당 $22.95에 매수하여 신고자의 실질적 보유지분이 3,427단위의 보통주가 되었습니다. 수정서에는 이 320단위가 동일 날짜에 제출된 원래의 Form 4에서 실수로 누락되었다고 명시되어 있습니다.

Form 4/A는 2025년 8월 28일 대리인의 위임 서명으로 제출되었으며, 이 제출은 원래 공시를 대체하는 것이 아니라 보완하는 것임을 명확히 합니다.

Jean-Marc Gilson, Président, PDG et administrateur de Westlake Chemical Partners LP (WLKP), a modifié un précédent formulaire 4 pour déclarer un achat supplémentaire par un initié. L'amendement indique que 320 unités ordinaires ont été achetées le 28/08/2024 au prix de 22,95 $ par unité, portant la participation bénéficiaire de la personne déclarant à 3 427 unités ordinaires. L'amendement précise que ces 320 unités avaient été omises par inadvertance dans le formulaire 4 initial déposé pour la même date.

Le formulaire 4/A est signé par procuration le 28/08/2025 et précise que ce dépôt complète, et ne remplace pas, la divulgation originale.

Jean-Marc Gilson, Präsident, CEO und Direktor von Westlake Chemical Partners LP (WLKP), hat ein früheres Formular 4 geändert, um einen zusätzlichen Insiderkauf offenzulegen. Die Änderung berichtet, dass am 28.08.2024 320 Stammanteile zum Preis von $22,95 pro Anteil erworben wurden, wodurch das wirtschaftliche Eigentum der meldenden Person auf 3.427 Stammanteile anstieg. In der Änderung wird angegeben, dass die 320 Anteile versehentlich im ursprünglichen Form 4 für dasselbe Datum ausgelassen wurden.

Das Formular 4/A ist am 28.08.2025 durch eine Vollmacht unterzeichnet und stellt klar, dass diese Einreichung die ursprüngliche Meldung ergänzt und nicht ersetzt.

Positive
  • Amendment corrects disclosure by reporting an omitted purchase of 320 common units, improving transparency
  • Insider purchase disclosed: 320 common units acquired on 08/28/2024 at $22.95, now totaling 3,427 units
Negative
  • Initial omission of 320 units from the original Form 4 indicates an error in prior reporting
  • Amendment filed one year later (original transaction 08/28/2024; amendment dated/signature 08/28/2025), showing a delayed correction

Insights

TL;DR: Amendment corrects an omitted insider purchase of 320 units at $22.95, a minor disclosure adjustment with limited market impact.

The amendment documents a retrospective correction: 320 common units were acquired on 08/28/2024 at $22.95, increasing the reporting persons disclosed holdings to 3,427 units. As presented, the transaction size is small relative to typical LP market capitalizations and this filing is corrective in nature rather than announcing a new material transaction.

TL;DR: Timely transparency matters; the Form 4/A restores accurate insider reporting but reflects an initial disclosure omission.

The document transparently amends the original Form 4 to include 320 units omitted from the initial filing. The signature by a power of attorney on 08/28/2025 formally certifies the correction. The filing addresses compliance with Section 16 reporting requirements by supplementing prior disclosure.

Jean-Marc Gilson, Presidente, CEO e Direttore di Westlake Chemical Partners LP (WLKP), ha modificato un precedente Modulo 4 per comunicare un acquisto aggiuntivo da parte di un insider. La modifica indica che 320 unità ordinarie sono state acquistate il 28/08/2024 al prezzo di $22,95 per unità, portando la partecipazione beneficiaria della persona segnalante a 3.427 unità ordinarie. La dichiarazione precisa che le 320 unità erano state omesse per errore dal Modulo 4 originale presentato per la stessa data.

Il Modulo 4/A è firmato con procura il 28/08/2025 e chiarisce che questo inserimento integra, e non sostituisce, la divulgazione iniziale.

Jean-Marc Gilson, Presidente, CEO y Director de Westlake Chemical Partners LP (WLKP), enmendó un Formulario 4 previo para revelar una compra adicional por parte de un insider. La enmienda señala que se adquirieron 320 unidades ordinarias el 28/08/2024 a $22.95 por unidad, llevando la propiedad beneficiaria de la persona informante a 3.427 unidades ordinarias. La enmienda indica que las 320 unidades fueron omitidas por error en el Formulario 4 original presentado en la misma fecha.

El Formulario 4/A está firmado por poder el 28/08/2025 y aclara que esta presentación complementa, y no reemplaza, la divulgación original.

Jean-Marc Gilson, Westlake Chemical Partners LP(WLKP)의 회장이자 CEO 및 이사인 Jean-Marc Gilson이 이전 Form 4를 수정하여 추가 임원 매입을 공시했습니다. 수정서에 따르면 2024년 8월 28일에 보통주 320단위를 단위당 $22.95에 매수하여 신고자의 실질적 보유지분이 3,427단위의 보통주가 되었습니다. 수정서에는 이 320단위가 동일 날짜에 제출된 원래의 Form 4에서 실수로 누락되었다고 명시되어 있습니다.

Form 4/A는 2025년 8월 28일 대리인의 위임 서명으로 제출되었으며, 이 제출은 원래 공시를 대체하는 것이 아니라 보완하는 것임을 명확히 합니다.

Jean-Marc Gilson, Président, PDG et administrateur de Westlake Chemical Partners LP (WLKP), a modifié un précédent formulaire 4 pour déclarer un achat supplémentaire par un initié. L'amendement indique que 320 unités ordinaires ont été achetées le 28/08/2024 au prix de 22,95 $ par unité, portant la participation bénéficiaire de la personne déclarant à 3 427 unités ordinaires. L'amendement précise que ces 320 unités avaient été omises par inadvertance dans le formulaire 4 initial déposé pour la même date.

Le formulaire 4/A est signé par procuration le 28/08/2025 et précise que ce dépôt complète, et ne remplace pas, la divulgation originale.

Jean-Marc Gilson, Präsident, CEO und Direktor von Westlake Chemical Partners LP (WLKP), hat ein früheres Formular 4 geändert, um einen zusätzlichen Insiderkauf offenzulegen. Die Änderung berichtet, dass am 28.08.2024 320 Stammanteile zum Preis von $22,95 pro Anteil erworben wurden, wodurch das wirtschaftliche Eigentum der meldenden Person auf 3.427 Stammanteile anstieg. In der Änderung wird angegeben, dass die 320 Anteile versehentlich im ursprünglichen Form 4 für dasselbe Datum ausgelassen wurden.

Das Formular 4/A ist am 28.08.2025 durch eine Vollmacht unterzeichnet und stellt klar, dass diese Einreichung die ursprüngliche Meldung ergänzt und nicht ersetzt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gilson Jean-Marc

(Last) (First) (Middle)
2801 POST OAK BLVD., SUITE 600

(Street)
HOUSTON TX 77056

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Westlake Chemical Partners LP [ WLKP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/28/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units 08/28/2024 P 320(1) A $22.95 3,427 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The original Form 4 filed by the Reporting Person on August 28, 2024 is amended by this Form 4/A to disclose that an additional 320 common units were purchased by the Reporting Person on August 28, 2024 and inadvertently omitted from the original Form 4. Unless indicated, this Form 4/A is in addition to, and does not replace, the disclosure contained in the original Form 4.
Jean-Marc Gilson by J. Feng, POA 08/28/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Jean-Marc Gilson disclose for WLKP?

The amendment reports an additional 320 common units purchased on 08/28/2024 at a price of $22.95 per unit.

How many WLKP units does the reporting person own after the reported transaction?

Following the transaction, the Form 4/A shows the reporting person beneficially owns 3,427 common units.

Why was this Form 4 amended?

The Form 4/A states the 320 common units were inadvertently omitted from the original Form 4 filed for 08/28/2024; this amendment adds that omission.

When was the amendment signed and by whom?

The Form 4/A is signed by Jean-Marc Gilson by J. Feng, POA and dated 08/28/2025.

What price was paid for the disclosed WLKP units?

The disclosed purchase price was $22.95 per common unit.
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