Form 4: LyondellBasell EVP's RSU Vesting and Tax Withholding

LyondellBasell Industries N.V. EVP Tracey D. Campbell reported the vesting of restricted stock units and subsequent tax withholding.

Summary

• EVP Tracey D. Campbell of LyondellBasell Industries N.V. reported a transaction involving Class A Ordinary Shares.
• On February 23, 2026, 1,155 restricted stock units (RSUs) automatically vested.
• 340 shares were withheld by the issuer at a price of $56.66 per share to cover tax withholding obligations.
• Following this transaction, Ms. Campbell directly owns 13,326.36 Class A Ordinary Shares, which includes 5,272 restricted stock units.
• An additional 5,359.09 Class A Ordinary Shares are indirectly owned by Ms. Campbell's spouse.
• The 5,272 RSUs include grants from February 22, 2024 (2,205 units) and February 27, 2025 (3,067 units), with various vesting dates extending to February 27, 2028.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it reflects a routine executive compensation event where RSUs vested, indicating continued executive alignment with company performance, despite the necessary tax withholding.

Positives

• The vesting of 1,155 restricted stock units represents a realized gain for EVP Tracey D. Campbell.
• The transaction demonstrates the ongoing operation of the company's long-term incentive plan, aligning executive interests with shareholder value.

Negatives

• 340 shares were disposed of to satisfy tax withholding obligations, reducing the number of shares directly held by the executive.

Future Outlook

The filing details future vesting schedules for 5,272 restricted stock units, with tranches vesting on February 27, 2026, February 22, 2027, February 27, 2027, and February 27, 2028, indicating continued long-term incentive alignment.

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU vesting and tax withholding are common across industries, reflecting standard executive compensation practices and long-term incentive plans designed to align management interests with shareholder performance.

Related Party Transactions

• The withholding of 340 shares by LyondellBasell Industries N.V. to satisfy tax obligations related to EVP Tracey D. Campbell's RSU vesting constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation, aligning executive interests with long-term company performance. The shares withheld for tax purposes have a minor, negligible impact on the overall share count.
• Employees: The vesting of RSUs demonstrates the company's commitment to its long-term incentive plans for executives.

Next Steps

• Vesting of 1,023 restricted stock units on February 27, 2026.
• Vesting of 735 restricted stock units on February 22, 2027.
• Vesting of 1,022 restricted stock units on February 27, 2027.
• Vesting of 1,022 restricted stock units on February 27, 2028.

Key Dates

Keywords

LyondellBasell Industries, LYB, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Executive Compensation, Tracey D. Campbell, Share Ownership, Tax Withholding