Form 4: LyondellBasell Director Claire Farley Reports Stock Transaction
SEC Form 4
Director Claire Farley reports a transaction involving LyondellBasell Industries N.V. Class A Ordinary Shares on May 18, 2024, due to vested restricted stock units.
Summary
- On May 18, 2024, Claire Farley, a director of LyondellBasell Industries N.V., had 1,860 restricted stock units vest automatically.
- The company withheld 305 shares to cover tax obligations at a price of $100.91 per share.
- Following the transaction, Farley directly owns 20,293 Class A Ordinary Shares.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation, which is neither particularly positive nor negative. The sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the vesting of previously granted compensation.
Key Dates
| Date | Description |
|---|---|
| 05/18/2024 | Restricted stock units vested and shares withheld for tax obligations. |
| 05/21/2024 | Date of signature for the Form 4 filing. |
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