Form 4: LyondellBasell Director Robert W. Dudley Reports Share Transaction
SEC Form 4 Filing
Director Robert W. Dudley reports a transaction involving LyondellBasell Industries N.V. shares due to vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 18, 2024, LyondellBasell Industries N.V. Director Robert W. Dudley reported a transaction involving Class A Ordinary Shares.
- The transaction occurred due to the vesting of 1,860 restricted stock units.
- 429 shares were withheld by the issuer to cover tax obligations at a price of $100.91 per share.
- Following the transaction, Dudley directly owns 4,081 Class A Ordinary Shares.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard executive compensation practices. It doesn't suggest any particular positive or negative outlook for the company, hence a neutral to slightly positive sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| May 20, 2021 | Date of Power of Attorney execution. |
| May 18, 2024 | Date of the share transaction (vesting of restricted stock units and tax withholding). |
| May 21, 2024 | Date of signature for the Form 4 filing. |
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