Form 4: LyondellBasell CFO Equity Transaction Disclosure
Statement of Changes in Beneficial Ownership
EVP & Chief Financial Officer Agustin Izquierdo Sabido reported the withholding of 45 shares to satisfy tax obligations upon the vesting of restricted stock units.
Summary
- Agustin Izquierdo Sabido, EVP & Chief Financial Officer of LyondellBasell Industries N.V., executed a transaction on April 15, 2026.
- The transaction involved the automatic vesting of 182 restricted stock units (RSUs).
- The issuer withheld 45 shares at a price of $73.13 per share to satisfy tax withholding obligations.
- Following this transaction, the reporting person maintains beneficial ownership of 33,499 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents routine administrative activity regarding executive compensation rather than a strategic or financial shift.
Positives
- The transaction reflects the standard vesting of equity-based compensation, aligning executive interests with long-term shareholder value.
Negatives
- None identified; this is a routine administrative transaction related to tax obligations.
Risks
- None identified; this is a routine administrative transaction.
Future Outlook
The filing outlines a schedule of future RSU vesting dates extending through February 2029, indicating ongoing equity-based compensation for the executive.
Management Comments
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive equity compensation and does not signal a change in corporate strategy or financial outlook.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for executive compensation in the chemical and materials sector.
- The use of net-settlement (withholding shares for taxes) is a common industry practice to manage executive tax liabilities without requiring open-market sales.
Stakeholder Impact
- No material impact on shareholders, employees, or creditors as this is a routine equity transaction.
Next Steps
- Future vesting of remaining RSUs scheduled for February 2027, April 2027, February 2028, April 2028, and February 2029.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Date of the RSU vesting and tax withholding transaction. |
| 04/17/2026 | Date of the filing of the Form 4. |
Keywords
LyondellBasell, LYB, Insider Trading, Form 4, Executive Compensation, CFO
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