Form 4: LyondellBasell Director's Restricted Stock Units Vest, Shares Withheld for Taxes

LyondellBasell Industries N.V. Director Virginia A. Kamsky saw 1,692 restricted stock units vest, with 351 shares subsequently withheld by the issuer to cover tax obligations.

Summary

• On May 23, 2025, LyondellBasell Industries N.V. Director Virginia A. Kamsky's restricted stock units (RSUs) automatically vested, totaling 1,692 shares.
• Following the vesting, 351 shares were withheld by LyondellBasell to satisfy the issuer's tax withholding obligations.
• The shares were withheld at a price of $56.13 per share.
• After this transaction, Ms. Kamsky beneficially owns 7,590 Class A Ordinary Shares directly.
• This beneficial ownership includes 2,917 restricted stock units that are scheduled to vest on May 22, 2026.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction (RSU vesting and tax withholding) which is a standard compliance filing and does not indicate any significant positive or negative operational or financial news for the company.

Positives

• The vesting of 1,692 restricted stock units represents a realization of compensation for Director Virginia A. Kamsky, aligning her interests with long-term company performance.

Negatives

• 351 Class A Ordinary Shares were disposed of (withheld) by the issuer to cover tax liabilities, reducing the director's direct share count following the vesting event.

Future Outlook

The document indicates that 2,917 additional restricted stock units held by the reporting person are scheduled to vest on May 22, 2026, representing future compensation realization.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the vesting of restricted stock units and subsequent tax withholding. Such transactions are common across all industries as part of long-term incentive plans for corporate directors and executives.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation-related transaction for a director, not a discretionary sale or purchase that would signal a change in sentiment.
• Employees: No direct impact mentioned.

Next Steps

• The remaining 2,917 restricted stock units held by the reporting person are expected to vest on May 22, 2026.

Key Dates

Keywords

LyondellBasell Industries N.V., LYB, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Director Compensation, Tax Withholding