Form 4: LyondellBasell Director Rita E. Griffin Reports Acquisition of Class A Ordinary Shares
SEC Form 4 Filing
Director Rita E. Griffin reported the acquisition of 1,692 Class A Ordinary Shares of LyondellBasell Industries N.V. on May 23, 2024.
Summary
- Rita E. Griffin, a director of LyondellBasell Industries N.V., reported a transaction on May 23, 2024.
- She acquired 1,692 Class A Ordinary Shares at a price of $0.00.
- Following the transaction, Ms. Griffin beneficially owns 3,202 Class A Ordinary Shares.
- The acquisition includes 1,692 restricted stock units (RSUs) granted on May 23, 2024, which will vest on May 23, 2025.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of share acquisition by a director, which doesn't inherently indicate positive or negative sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a relatively small number of shares acquired by a director.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Acquisition of 1,692 Class A Ordinary Shares and grant of 1,692 RSUs. |
| 05/23/2025 | Vesting date for the 1,692 RSUs. |
| 05/28/2024 | Date of signature on the Form 4 filing. |
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