Form 4: Westlake Chemical Partners LP Director Lisa A. Friel Reports Transaction

Sentiment:

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

DateDescription
08/09/2024Date of transaction involving common units and phantom units.
08/12/2024Date of Form 4 filing with the SEC.
09/09/2024Expiration date of Phantom Units.

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