Form 4: LyondellBasell Director Rita E. Griffin Reports Stock Transaction
SEC Form 4
Director Rita E. Griffin reports the vesting of restricted stock units and subsequent withholding of shares for tax obligations at LyondellBasell Industries N.V.
Summary
- On May 19, 2024, Rita E. Griffin, a director of LyondellBasell Industries N.V., had 1,865 restricted stock units vest.
- The company withheld 355 shares to cover tax obligations at a price of $100.91 per share.
- Following the transaction, Griffin directly owns 1,510 Class A Ordinary Shares.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/19/2024 | Restricted stock units vested and shares were withheld for tax obligations. |
| 05/21/2024 | Date of signature by Attorney-in-Fact. |
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