Form 4: LyondellBasell CFO's RSU Vesting & Tax Withholding

LyondellBasell's EVP & CFO, Agustin Izquierdo Sabido, reported the vesting of restricted stock units and subsequent tax-related share withholdings.

Summary

• Agustin Izquierdo Sabido, EVP & Chief Financial Officer of LyondellBasell Industries N.V. (LYB), reported changes in beneficial ownership.
• On February 22, 2026, 242 restricted stock units (RSUs) automatically vested, with 72 Class A Ordinary Shares withheld by the issuer to satisfy tax obligations at a price of $56.67 per share.
• Following the February 22, 2026 transaction, beneficial ownership stood at 14,225 Class A Ordinary Shares, including 9,483 RSUs.
• On February 23, 2026, 424 restricted stock units automatically vested, with 126 Class A Ordinary Shares withheld for tax obligations at a price of $56.66 per share.
• After the February 23, 2026 transaction, beneficial ownership was 14,099 Class A Ordinary Shares, including 9,059 RSUs.
• The remaining 9,059 RSUs have various vesting schedules, with grants from 2024 and 2025 vesting between 2026 and 2028.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine disclosure of executive compensation realization, reflecting the planned vesting of restricted stock units, which is a neutral event for the company's operational outlook but positive for the executive.

Positives

• The vesting of restricted stock units represents the realization of long-term incentive compensation for the EVP & Chief Financial Officer, aligning executive interests with shareholder value over time.

Negatives

• NA

Risks

• NA

Future Outlook

The EVP & Chief Financial Officer holds 9,059 restricted stock units with future vesting dates: 242 units vesting on February 22, 2027; 182 units vesting on April 15, 2026; 182 units vesting on April 15, 2027; 2,819 units vesting on February 27, 2026; 2,817 units vesting on February 27, 2027; and 2,817 units vesting on February 27, 2028.

Industry Context

StockSavvy.ai notes that RSU vesting and subsequent tax withholding are standard components of executive compensation packages across various industries, including chemicals, designed to incentivize long-term performance and retention. These routine disclosures reflect the planned realization of previously granted equity awards.

Stakeholder Impact

• Shareholders: The vesting and subsequent tax withholding of restricted stock units represent a minor, pre-planned dilution event, which is a standard component of executive compensation and generally aligns executive incentives with long-term shareholder value.

Next Steps

• Future vesting of remaining restricted stock units on various dates between April 15, 2026, and February 27, 2028.

Key Dates

Recommendation

This Form 4 details routine executive compensation events, specifically the vesting of restricted stock units and subsequent tax withholdings. Such transactions are pre-scheduled and do not provide new information regarding the company's operational performance or strategic direction that would warrant a change in investment recommendation.

Keywords

LyondellBasell, LYB, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Agustin Izquierdo Sabido, CFO