Form 4: LyondellBasell Director Robin W.T. Buchanan Sells Shares
SEC Form 4
Director Robin W.T. Buchanan sold 18,111 Class A Ordinary Shares of LyondellBasell Industries N.V. on March 15, 2024, at a weighted-average price of $100.4598.
Summary
- On March 15, 2024, Robin W.T. Buchanan, a director of LyondellBasell Industries N.V., sold 18,111 Class A Ordinary Shares.
- The sale was executed at a weighted-average price of $100.4598, with individual trades ranging from $99.985 to $100.638.
- Following the transaction, Buchanan directly owns 12,276.186 Class A Ordinary Shares, which includes 1,860 restricted stock units (RSUs) granted on May 18, 2023, that vest on May 18, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This is a routine disclosure of a director's stock sale and doesn't necessarily indicate a broader trend within the chemical industry.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction relative to the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Robin W.T. Buchanan sold 18,111 Class A Ordinary Shares. |
| 03/19/2024 | Date of filing: Form 4 filing date. |
| 05/18/2023 | Date of grant: 1,860 restricted stock units (RSUs) were granted. |
| 05/18/2024 | Date of vesting: 1,860 restricted stock units (RSUs) vest. |
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