Form 4: LyondellBasell Director Trades Class A Shares

Albert Jude Manifold, a Director at LyondellBasell Industries N.V., reported transactions involving Class A Ordinary Shares, including the vesting and withholding of shares for tax obligations.

Summary

• Albert Jude Manifold, a Director at LyondellBasell Industries N.V. (LYB), reported transactions on May 21 and May 22, 2026.
• On May 21, 2026, 2,321 Class A Ordinary Shares were acquired, with a reported value of $0.00, bringing the total directly owned shares to 15,594.
• These 2,321 shares are restricted stock units (RSUs) granted under the company's long-term incentive plan, scheduled to vest on May 21, 2027.
• On May 22, 2026, 689 Class A Ordinary Shares were disposed of at a price of $69.72 per share.
• These disposed shares represent a portion of 2,917 RSUs that automatically vested on May 22, 2026, with the 689 shares withheld by the issuer for tax withholding obligations.
• Following these transactions, the reporting person beneficially owns 14,905 Class A Ordinary Shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, primarily detailing routine executive compensation and tax management rather than significant strategic or financial performance indicators.

Positives

• Director Manifold's RSUs are vesting, indicating continued incentive alignment with the company's performance.
• The company is managing tax withholding obligations efficiently through share withholding.

Negatives

• A portion of vested RSUs (689 shares) were withheld for tax purposes, reducing the net shares received by the director.

Future Outlook

The filing indicates that 2,321 RSUs granted to the director will vest on May 21, 2027, suggesting continued equity-based compensation and potential future share ownership changes.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in the chemicals industry, providing transparency on executive compensation and share ownership. LyondellBasell's use of RSUs aligns with common executive incentive practices.

Stakeholder Impact

• Shareholders gain insight into executive compensation practices and insider share movements.
• Employees may observe the company's methods for managing tax obligations related to equity compensation.

Next Steps

• Monitoring of the director's share ownership following the vesting of remaining RSUs.

Key Dates

Keywords

LyondellBasell Industries, LYB, Form 4, Director, Class A Ordinary Shares, Restricted Stock Units, RSUs, Vesting, Tax Withholding, Insider Trading