Form 4: LyondellBasell Industries N.V. Executive Vice President & CFO Michael C. McMurray Reports Acquisition of Shares
SEC Form 4
Michael C. McMurray, EVP & CFO of LyondellBasell Industries N.V., reports the acquisition of 18,305 Class A Ordinary Shares on February 27, 2025, bringing his total holdings to 113,108 shares.
Summary
- On February 27, 2025, Michael C. McMurray, the EVP & CFO of LyondellBasell Industries N.V., acquired 18,305 Class A Ordinary Shares.
- The shares were acquired at a price of $0.00.
- Following the transaction, McMurray's total beneficial ownership of Class A Ordinary Shares is 113,108.
- This includes 36,881 restricted stock units (RSUs) granted under the company's long-term incentive plan, vesting over several years.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing indicating an executive's acquisition of shares, likely as part of a compensation plan. It doesn't inherently suggest positive or negative sentiment, but the acquisition itself could be seen as a sign of confidence.
Positives
- The acquisition of shares by a high-ranking executive could be interpreted as a positive signal about the executive's confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading. They provide investors with insights into the transactions of company insiders, which can be used to assess management's view of the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a high-ranking executive.
Key Dates
| Date | Description |
|---|---|
| February 23, 2023 | 8,720 RSUs granted, vesting on February 23, 2026 |
| February 22, 2024 | 14,786 RSUs granted, vesting between February 22, 2025 and February 22, 2027 |
| February 22, 2025 | 4,930 RSUs vested |
| February 27, 2025 | Transaction date: Acquisition of 18,305 Class A Ordinary Shares; 6,103 RSUs vest on February 27, 2026, 6,101 vest on February 27, 2027 and 6,101 vest on February 27, 2028 |
| February 22, 2026 | 4,928 RSUs vest |
| February 23, 2026 | 8,720 RSUs vest |
| February 27, 2026 | 6,103 RSUs vest |
| February 22, 2027 | 4,928 RSUs vest |
| February 27, 2027 | 6,101 RSUs vest |
| February 27, 2028 | 6,101 RSUs vest |
| March 03, 2025 | Date of signature by Attorney-in-Fact |
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