Form 4: LyondellBasell Director Anthony R. Chase Acquires Shares as Part of Retainer Agreement

Director Anthony R. Chase acquired 419 shares of LyondellBasell Industries N.V. as part of his annual retainer agreement.

Summary

• On December 31, 2024, Anthony R. Chase, a director of LyondellBasell Industries N.V., acquired 419 Class A Ordinary Shares.
• The acquisition was part of an election to receive partial payment in common stock in lieu of cash for his annual retainer.
• The price was calculated based on $84.08, the average of the daily closing prices of the issuer's shares over the applicable quarter.
• Following the transaction, Chase beneficially owns 9,219 shares, including restricted stock units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard transaction related to director compensation. The director taking shares in lieu of cash is a mildly positive signal.

Positives

• Director's decision to take shares in lieu of cash shows confidence in the company.

Industry Context

This is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Related Party Transactions

• The acquisition of shares by the director as part of their retainer agreement constitutes a related party transaction.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine part of director compensation.

Key Dates