Form 4: LyondellBasell Industries N.V.: Executive Vice President and General Counsel Reports Acquisition of Shares

Sentiment:

SEC Form 4


Jeffrey A. Kaplan, EVP and General Counsel of LyondellBasell Industries N.V., reports the acquisition of 12,311 Class A Ordinary Shares.

Summary

  • On February 27, 2025, Jeffrey A. Kaplan, the EVP and General Counsel of LyondellBasell Industries N.V., acquired 12,311 Class A Ordinary Shares.
  • The shares were acquired at a price of $0.00.
  • Following the transaction, Kaplan beneficially owns 85,819 Class A Ordinary Shares, which includes 24,251 restricted stock units (RSUs).
  • The RSUs vest over several years, with some vesting in February 2026, February 2027 and February 2028.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of share acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

  • The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.

Key Dates

DateDescription
February 23, 2023Grant date of 5,504 restricted stock units (RSUs) that vest on February 23, 2026
February 22, 2024Grant date of 9,655 restricted stock units (RSUs) of which 3,219 vested on February 22, 2025, 3,218 vest on February 22, 2026 and 3,218 vest on February 22, 2027
February 22, 20253,219 restricted stock units (RSUs) vested
February 27, 2025Date of transaction: Acquisition of 12,311 Class A Ordinary Shares and vesting schedule for RSUs: 4,105 vest on February 27, 2026, 4,103 vest on February 27, 2027 and 4,103 vest on February 27, 2028
February 23, 2026Vesting date of 5,504 restricted stock units (RSUs)
February 22, 2026Vesting date of 3,218 restricted stock units (RSUs)
February 27, 2026Vesting date of 4,105 restricted stock units (RSUs)
February 22, 2027Vesting date of 3,218 restricted stock units (RSUs)
February 27, 2027Vesting date of 4,103 restricted stock units (RSUs)
February 27, 2028Vesting date of 4,103 restricted stock units (RSUs)
March 03, 2025Date of signature for the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.