Form 4: LyondellBasell Director Jacques Aigrain Reports Acquisition of Class A Ordinary Shares
SEC Form 4 Filing
Director Jacques Aigrain reports acquiring 3,234 Class A Ordinary Shares of LyondellBasell Industries N.V. on May 23, 2024.
Summary
- On May 23, 2024, Jacques Aigrain, a director of LyondellBasell Industries N.V., acquired 3,234 Class A Ordinary Shares.
- The shares were acquired at a price of $0.00.
- Following the transaction, Aigrain's direct ownership amounts to 28,459 Class A Ordinary Shares.
- The acquisition includes restricted stock units (RSUs) granted under the issuer's long-term incentive plan, which vest on May 23, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any explicit positive or negative sentiment about the company's performance or prospects.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disclosure of insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Acquisition of 3,234 Class A Ordinary Shares and grant of RSUs. |
| 05/23/2025 | Vesting date for the 3,234 RSUs granted on May 23, 2024. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
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