Form 4: LyondellBasell Director Albert Jude Manifold Reports Acquisition of Class A Ordinary Shares

Director Albert Jude Manifold reported the acquisition of 1,692 Class A Ordinary Shares of LyondellBasell Industries N.V. on May 23, 2024.

Summary

• On May 23, 2024, Albert Jude Manifold, a director of LyondellBasell Industries N.V., acquired 1,692 Class A Ordinary Shares.
• The shares were acquired at a price of $0.00.
• Following the transaction, Manifold directly owns 10,713 Class A Ordinary Shares.
• The acquisition includes 1,692 restricted stock units (RSUs) granted on May 23, 2024, which will vest on May 23, 2025.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, indicating confidence in the company. However, it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.

Future Outlook

The report does not contain specific forward-looking statements, but the vesting of RSUs in May 2025 suggests a continued alignment of the director's interests with the company's long-term performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the ownership positions of company directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates