Form 4: LyondellBasell Executive Aaron Ledet Reports Acquisition of Shares
SEC Form 4
EVP Aaron J. Ledet reports acquisition of 7,491 Class A Ordinary Shares of LyondellBasell Industries N.V.
Summary
- On February 27, 2025, Aaron J. Ledet, an Executive Vice President at LyondellBasell Industries N.V., acquired 7,491 Class A Ordinary Shares.
- The shares were acquired at a price of $0.00.
- Following the transaction, Ledet directly owns 14,968 shares.
- The reported holdings include 11,610 restricted stock units (RSUs) granted under the company's long-term incentive plan with various vesting dates.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports a transaction and doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies like LyondellBasell.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence, as it signals that a company executive is investing in the company's stock.
Key Dates
| Date | Description |
|---|---|
| December 15, 2022 | 202 RSUs granted, vesting on December 15, 2025 |
| February 23, 2023 | 1,453 RSUs granted, vesting on February 23, 2026 |
| February 22, 2024 | 3,698 RSUs granted, with vesting in February 2025, 2026 and 2027 |
| February 22, 2025 | 1,234 RSUs vested |
| February 27, 2025 | Transaction date: Acquisition of 7,491 Class A Ordinary Shares |
| February 26, 2026 | 2,497 RSUs vest |
| February 22, 2026 | 1,232 RSUs vest |
| February 26, 2027 | 2,497 RSUs vest |
| February 22, 2027 | 1,232 RSUs vest |
| February 26, 2028 | 2,497 RSUs vest |
| March 03, 2025 | Date of signature for the Form 4 filing |
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