Form 4: LyondellBasell EVP's RSU Vesting & Tax Withholding
Insider Transaction Report
LyondellBasell Industries N.V. EVP Kimberly A Foley reported the vesting of 881 restricted stock units, with 347 shares withheld for tax obligations.
Summary
- Kimberly A Foley, Executive Vice President of Global O&P and Refining at LyondellBasell Industries N.V. (LYB), reported a transaction on October 15, 2025.
- 881 restricted stock units (RSUs) automatically vested on this date.
- 347 Class A Ordinary Shares were withheld by the issuer to satisfy tax withholding obligations, at a price of $46.76 per share.
- Following this transaction, beneficial ownership stands at 62,026.547 Class A Ordinary Shares.
- This beneficial ownership includes 25,680 unvested restricted stock units from various grants with future vesting dates.
Sentiment
Score: 6
Explanation: The filing reports a routine vesting of restricted stock units for an executive, which is a positive compensation event for the individual but has a neutral impact on the company's operational or financial performance.
Positives
- The vesting of 881 restricted stock units represents a realization of compensation for the executive.
- The executive maintains a significant beneficial ownership of 62,026.547 shares, aligning interests with shareholders.
Negatives
- 347 shares were withheld to cover tax obligations, reducing the net shares received by the executive, which is a standard practice for RSU vesting.
Future Outlook
The filing details future vesting schedules for various restricted stock unit grants, indicating continued long-term incentive compensation for the executive through February 2028.
Industry Context
This Form 4 filing is a routine disclosure of an executive's equity transaction and does not provide information relevant to broader industry trends or competitive landscape analysis.
Stakeholder Impact
- Shareholders: The transaction is a routine compensation event and does not indicate a material change in company strategy or financial health. The executive's continued equity ownership aligns their interests with shareholders.
- Employees: This reflects standard executive compensation practices, which may influence broader compensation structures within the company.
Next Steps
- Future vesting of 5,566 RSUs on February 23, 2026.
- Future vesting of 3,365 RSUs on February 22, 2026.
- Future vesting of 4,462 RSUs on February 27, 2026.
- Future vesting of 3,365 RSUs on February 22, 2027.
- Future vesting of 4,461 RSUs on February 27, 2027.
- Future vesting of 4,461 RSUs on February 27, 2028.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Grant date for 5,566 restricted stock units. |
| 02/22/2024 | Grant date for 10,095 restricted stock units. |
| 02/27/2025 | Grant date for 13,384 restricted stock units. |
| 02/22/2025 | Vesting date for 3,365 restricted stock units from the 02/22/2024 grant. |
| 10/15/2025 | Transaction date: 881 restricted stock units vested, and 347 shares were withheld for tax. |
| 10/17/2025 | Signature date of the reporting person's attorney-in-fact. |
| 02/22/2026 | Future vesting date for 3,365 restricted stock units from the 02/22/2024 grant. |
| 02/23/2026 | Future vesting date for 5,566 restricted stock units from the 02/23/2023 grant. |
| 02/27/2026 | Future vesting date for 4,462 restricted stock units from the 02/27/2025 grant. |
| 02/22/2027 | Future vesting date for 3,365 restricted stock units from the 02/22/2024 grant. |
| 02/27/2027 | Future vesting date for 4,461 restricted stock units from the 02/27/2025 grant. |
| 02/27/2028 | Future vesting date for 4,461 restricted stock units from the 02/27/2025 grant. |
Keywords
LyondellBasell Industries N.V., LYB, Kimberly A Foley, Restricted Stock Units, RSU, Stock Vesting, Insider Transaction, Executive Compensation, SEC Form 4
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