Form 4: Westlake Chemical Partners LP Director Lisa A. Friel Reports Transaction
SEC Form 4 Filing
Lisa A. Friel, a director of Westlake Chemical Partners LP, reported the disposition of common units and phantom units on August 9, 2024.
Summary
- On August 9, 2024, Lisa A. Friel, a director of Westlake Chemical Partners LP, reported transactions involving the company's securities.
- Friel disposed of 2,280 common units at a price of $22.94 per unit.
- She also disposed of 4,560 phantom units, each equivalent to one common unit.
- Following these transactions, Friel directly owns 4,722 common units.
- The transactions were reported on Form 4, filed with the SEC on August 12, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's transaction, indicating a neutral sentiment.
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 directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction involving common units and phantom units. |
| 08/12/2024 | Date of Form 4 filing with the SEC. |
| 09/09/2024 | Expiration date of Phantom Units. |
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