Form 4: LyondellBasell Industries N.V.: Executive Vice President and General Counsel Reports Acquisition of Shares
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
| Date | Description |
|---|---|
| February 23, 2023 | Grant date of 5,504 restricted stock units (RSUs) that vest on February 23, 2026 |
| February 22, 2024 | Grant 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, 2025 | 3,219 restricted stock units (RSUs) vested |
| February 27, 2025 | Date 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, 2026 | Vesting date of 5,504 restricted stock units (RSUs) |
| February 22, 2026 | Vesting date of 3,218 restricted stock units (RSUs) |
| February 27, 2026 | Vesting date of 4,105 restricted stock units (RSUs) |
| February 22, 2027 | Vesting date of 3,218 restricted stock units (RSUs) |
| February 27, 2027 | Vesting date of 4,103 restricted stock units (RSUs) |
| February 27, 2028 | Vesting date of 4,103 restricted stock units (RSUs) |
| March 03, 2025 | Date of signature for the Form 4 filing |
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