Form 4: LyondellBasell EVP Reports Equity Transactions

Yvonne van der Laan, EVP of Circular & Low Carbon Solutions at LyondellBasell Industries N.V., reported recent acquisitions and dispositions of Class A Ordinary Shares related to performance-based stock unit vesting.

Summary

• Yvonne van der Laan, EVP, Circular & Low Carbon Solutions, reported transactions involving LyondellBasell Industries N.V. Class A Ordinary Shares.
• On February 18, 2026, 797 shares were acquired from the vesting of performance-based stock units granted on February 23, 2023, at a price of $55.97 per share.
• An additional 289 shares were acquired on February 18, 2026, from the settlement of dividend equivalents accrued on the same performance-based stock units, also at $55.97 per share.
• To cover tax withholding obligations, 391 shares were disposed of on February 18, 2026, related to the vesting of the 797 performance-based stock units, at $55.97 per share.
• An additional 142 shares were disposed of on February 18, 2026, for tax withholding related to dividend equivalents accrued on the performance-based stock units, at $55.97 per share.
• Following these transactions, Yvonne van der Laan beneficially owns 14,778 Class A Ordinary Shares directly.
• This ownership includes 10,831 restricted stock units (RSUs) with various vesting schedules extending through February 27, 2028.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, reflecting the successful vesting of performance awards and continued executive alignment with shareholder interests, without indicating any significant strategic shifts or financial distress.

Positives

• The acquisition of 797 shares indicates the successful attainment of performance objectives for previously granted stock units.
• The settlement of 289 shares from dividend equivalents reflects additional value accrued on the performance-based awards.
• The reporting person maintains a significant beneficial ownership of 14,778 Class A Ordinary Shares, including substantial unvested RSUs, aligning interests with shareholders.

Negatives

• Dispositions of 533 shares (391 + 142) were made to satisfy tax withholding obligations, which is a routine event but reduces direct share count.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

StockSavvy.ai notes that these transactions represent routine executive compensation events, common across the chemicals and plastics industry, where long-term incentive plans often include performance-based stock units and restricted stock units to align executive interests with shareholder value creation.

Stakeholder Impact

• Shareholders: The transactions demonstrate management's continued equity ownership and alignment with shareholder interests through long-term incentive plans.
• Employees: The vesting of performance-based units can serve as an example of the company's compensation structure for key executives.

Next Steps

• Vesting of 1,595 restricted stock units on February 23, 2026.
• Vesting of 1,400 restricted stock units on February 22, 2026.
• Vesting of 2,146 restricted stock units on February 27, 2026.
• Vesting of 1,400 restricted stock units on February 22, 2027.
• Vesting of 2,145 restricted stock units on February 27, 2027.
• Vesting of 2,145 restricted stock units on February 27, 2028.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation transactions, specifically the vesting of performance-based stock units and associated tax withholdings. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. The transactions reflect standard practice for executive equity awards and do not indicate a significant shift in insider sentiment or company prospects. Therefore, a 'hold' recommendation is appropriate as the filing itself does not present a compelling reason to alter an existing investment position.

Keywords

LyondellBasell Industries, LYB, Form 4, Insider Trading, Stock Units, Restricted Stock Units, Equity Compensation, Executive Compensation, Share Ownership, Performance Shares, Dividend Equivalents