Form 4: LyondellBasell Executive Tracey D. Campbell Reports Stock Transaction
SEC Form 4
EVP Tracey D. Campbell reports disposition of LyondellBasell shares to cover tax obligations and updates holdings of restricted stock units and ESPP shares.
Summary
- Tracey D. Campbell, EVP of Sustainability & Corporate Affairs at LyondellBasell Industries N.V., reported a transaction involving Class A Ordinary Shares on February 24, 2025.
- 161 shares were disposed of at a price of $77.31 to satisfy tax withholding obligations related to vesting restricted stock units.
- Following the transaction, Campbell directly owns 8,812.96 Class A Ordinary Shares and indirectly owns 4,007.35 shares through a spouse.
- The reported holdings include 2,801 restricted stock units (RSUs) granted under the company's long-term incentive plan with various vesting dates.
- Campbell also holds 53.608614 shares purchased through the Employee Stock Purchase Plan (ESPP) at $89.094 per share, allocated on June 30, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and stock ownership, with no indication of positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock. It reflects standard compensation practices, including equity-based awards and employee stock purchase plans.
Key Dates
| Date | Description |
|---|---|
| February 24, 2022 | Date of grant of 540 shares of restricted stock units that vested. |
| October 15, 2022 | Date of grant of 176 restricted stock units that vest on October 15, 2025. |
| February 23, 2023 | Date of grant of 1,155 restricted stock units that vest on February 23, 2026. |
| February 22, 2024 | Date of grant of 2,205 restricted stock units, vesting in three tranches. |
| June 30, 2024 | Date of allocation of 53.608614 ESPP shares. |
| February 22, 2025 | Vesting date of 735 restricted stock units. |
| February 24, 2025 | Date of stock transaction (disposal of shares for tax withholding). |
| February 25, 2025 | Date of signature on the Form 4. |
| October 15, 2025 | Vesting date of 176 restricted stock units. |
| February 23, 2026 | Vesting date of 1,155 restricted stock units. |
| February 22, 2026 | Vesting date of 735 restricted stock units. |
| February 22, 2027 | Vesting date of 735 restricted stock units. |
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