Form 4: LyondellBasell Director Anthony R. Chase Reports Acquisition of Class A Ordinary Shares

Director Anthony R. Chase reports acquisition of 1,692 Class A Ordinary Shares of LyondellBasell Industries N.V. through restricted stock units.

Summary

• On May 23, 2024, Anthony R. Chase, a director of LyondellBasell Industries N.V., acquired 1,692 Class A Ordinary Shares.
• The acquisition was made through the granting of restricted stock units (RSUs) under the issuer's long-term incentive plan.
• The RSUs were granted on May 23, 2024, and will vest on May 23, 2025.
• Following the transaction, Chase directly owns 8,063 Class A Ordinary Shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally a good sign, but the amount is not significantly large enough to drastically alter sentiment.

Positives

• The acquisition of shares by a director signals confidence in the company's future prospects.
• The use of RSUs as part of the long-term incentive plan aligns the director's interests with those of the shareholders.

Industry Context

Insider transactions are routinely monitored by investors as signals of management's perspective on the company's valuation and future prospects. An acquisition can be seen as a positive sign.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates