Form 4: LyondellBasell Executive Agustin Izquierdo Sabido Reports Tax Withholding Transaction
SEC Form 4 Filing
EVP and Chief Financial Officer of LyondellBasell, Agustin Izquierdo Sabido, reports shares withheld to cover tax obligations related to vesting restricted stock units.
Summary
- On April 15, 2025, Agustin Izquierdo Sabido, EVP & Chief Financial Officer of LyondellBasell Industries N.V., had 45 Class A Ordinary Shares withheld by the issuer to satisfy tax obligations.
- This transaction occurred at a price of $56.7 per share.
- Following the transaction, Izquierdo Sabido beneficially owns 15,250 shares, which includes restricted stock units (RSUs) granted under the company's long-term incentive plan.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on executive compensation.
Key Dates
| Date | Description |
|---|---|
| November 15, 2022 | Grant date of 4,112 RSUs vesting on November 15, 2025 |
| February 23, 2023 | Grant date of 424 RSUs vesting on February 23, 2026 |
| November 15, 2023 | Grant date of 629 RSUs vesting on November 15, 2025 |
| February 22, 2024 | Grant date of 242 RSUs vesting on February 22, 2026 |
| February 22, 2024 | Grant date of 242 RSUs vesting on February 22, 2027 |
| April 15, 2024 | Grant date of 182 RSUs vesting on April 15, 2026 |
| April 15, 2024 | Grant date of 182 RSUs vesting on April 15, 2027 |
| February 27, 2025 | Grant date of 2,819 RSUs vesting on February 27, 2026 |
| February 27, 2025 | Grant date of 2,817 RSUs vesting on February 27, 2027 |
| February 27, 2025 | Grant date of 2,817 RSUs vesting on February 27, 2028 |
| April 15, 2025 | Transaction date: 45 shares withheld for tax obligations related to vesting of 182 RSUs |
| April 17, 2025 | Date of Form 4 filing |
Keywords
LyondellBasell, Insider Trading, Form 4, Executive Compensation, Agustin Izquierdo Sabido, Restricted Stock Units, Tax Withholding, LYB
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