Form 4: LyondellBasell Director Anthony R. Chase Reports Share Disposal for Tax Obligations
SEC Form 4
Director Anthony R. Chase reports disposal of shares to cover tax obligations following vesting of restricted stock units.
Summary
- On May 18, 2024, LyondellBasell Industries N.V. Director Anthony R. Chase disposed of 305 Class A Ordinary Shares to cover tax withholding obligations.
- The shares were disposed of at a price of $100.91 per share.
- This transaction occurred following the vesting of 1,860 restricted stock units.
- After the transaction, Chase directly owns 6,371 Class A Ordinary Shares.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral in sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/18/2024 | Restricted stock units vested and 305 shares were withheld for tax obligations. |
| 05/21/2024 | Date of signature for the Form 4 filing. |
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