Form 4: Insider Sells LYB Shares for Tax Obligations

Kimberly A. Foley, EVP at LyondellBasell Industries, reported the sale of shares to cover tax withholdings from RSU vesting.

Summary

• Kimberly A. Foley, EVP, Global O&P and Refining at LyondellBasell Industries N.V. (LYB), reported two transactions involving the disposition of Class A Ordinary Shares.
• On February 22, 2026, 820 shares were withheld by the issuer at a price of $56.67 per share to satisfy tax withholding obligations following the vesting of 3,365 restricted stock units (RSUs).
• On February 23, 2026, an additional 1,356 shares were withheld by the issuer at a price of $56.66 per share for tax purposes, following the vesting of 5,566 RSUs.
• Following these transactions, Foley beneficially owns 68,325.547 Class A Ordinary Shares.
• Remaining RSU holdings include 10,095 granted on February 22, 2024 (with 3,365 vesting on February 22, 2027) and 13,384 granted on February 27, 2025 (with 4,462 vesting on February 27, 2026, 4,461 vesting on February 27, 2027, and 4,461 vesting on February 27, 2028).

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting the routine vesting of executive compensation and the executive's continued significant ownership, which aligns interests with shareholders.

Positives

• Vesting of 3,365 restricted stock units on February 22, 2026, and 5,566 restricted stock units on February 23, 2026, indicates successful achievement of performance or tenure conditions for the executive.
• The executive continues to hold a significant number of shares and unvested restricted stock units, aligning their interests with long-term shareholder value.

Negatives

• The disposition of shares was solely for tax withholding purposes, not a discretionary sale by the insider.

Future Outlook

The filing details future vesting schedules for restricted stock units, with tranches vesting on February 27, 2026, February 22, 2027, February 27, 2027, and February 27, 2028, indicating ongoing long-term incentive alignment.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as shares withheld for tax upon RSU vesting, are common across industries and typically do not signal significant shifts in company strategy or performance. These transactions are a standard part of executive compensation plans designed to align management interests with shareholder value over the long term.

Stakeholder Impact

• Shareholders: The vesting and subsequent tax withholding are standard executive compensation practices, aligning executive interests with long-term company performance.

Next Steps

• Vesting of 4,462 restricted stock units on February 27, 2026.
• Vesting of 3,365 restricted stock units on February 22, 2027.
• Vesting of 4,461 restricted stock units on February 27, 2027.
• Vesting of 4,461 restricted stock units on February 27, 2028.

Key Dates

Keywords

LyondellBasell Industries, LYB, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Kimberly A. Foley