Form 4: LyondellBasell EVP Reports RSU Vesting, Tax Withholding

LyondellBasell Industries N.V. EVP Aaron J. Ledet reported the vesting of restricted stock units and subsequent share withholding for tax obligations.

Summary

• Aaron J. Ledet, EVP, I&D & Supply Chain at LyondellBasell Industries N.V. (LYB), reported changes in beneficial ownership of Class A Ordinary Shares.
• On February 22, 2026, 1,232 restricted stock units (RSUs) automatically vested, with 333 shares withheld by the issuer to satisfy tax withholding obligations at a price of $56.67 per share.
• On February 23, 2026, 1,453 restricted stock units (RSUs) automatically vested, with 354 shares withheld by the issuer to satisfy tax withholding obligations at a price of $56.66 per share.
• Following these reported transactions, Aaron J. Ledet beneficially owns 15,075.5326 Class A Ordinary Shares.
• Remaining restricted stock units include 1,232 units granted on February 22, 2024, vesting on February 22, 2027; 2,497 units granted on February 27, 2025, vesting on February 27, 2026; 2,497 units granted on February 27, 2025, vesting on February 26, 2027; and 2,497 units granted on February 27, 2025, vesting on February 26, 2028.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral-to-slightly positive event. While shares were disposed of, it was for tax purposes following RSU vesting, which is a positive for the executive's compensation realization, rather than a discretionary sale.

Positives

• EVP Aaron J. Ledet's restricted stock units vested, indicating the successful realization of equity compensation.
• The vesting events on February 22, 2026 (1,232 shares) and February 23, 2026 (1,453 shares) represent a significant component of the executive's long-term incentive plan.

Negatives

• A total of 687 shares (333 shares on Feb 22, 2026, and 354 shares on Feb 23, 2026) were withheld by the issuer to cover tax withholding obligations, reducing the executive's direct share ownership.

Future Outlook

Future vesting schedules for Aaron J. Ledet's restricted stock units include 1,232 units vesting on February 22, 2027; 2,497 units vesting on February 27, 2026; 2,497 units vesting on February 26, 2027; and 2,497 units vesting on February 26, 2028.

Industry Context

StockSavvy.ai notes that routine insider filings like Form 4, detailing RSU vesting and tax-related share dispositions, are common across industries for executives receiving equity compensation. These transactions typically reflect pre-scheduled compensation events rather than discretionary trading based on new company insights.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine compensation events and tax-related dispositions, not discretionary sales indicating a change in sentiment.
• Employees: Reinforces the company's executive compensation structure, which may influence broader employee incentive programs.

Next Steps

• Vesting of 2,497 restricted stock units on February 27, 2026.
• Vesting of 1,232 restricted stock units on February 22, 2027.
• Vesting of 2,497 restricted stock units on February 26, 2027.
• Vesting of 2,497 restricted stock units on February 26, 2028.

Key Dates

Keywords

LyondellBasell Industries, LYB, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Aaron J. Ledet, Share Ownership, Tax Withholding