Form 4: Westlake Chemical Partners LP: Director Stephen Finley Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Stephen Finley reports a transaction involving phantom units convertible to common units of Westlake Chemical Partners LP.
Summary
- On August 9, 2024, Director Stephen Finley reported a transaction involving Westlake Chemical Partners LP [WLKP].
- The transaction involved 4,560 phantom units, each economically equivalent to one common unit of the issuer.
- Following the transaction, Mr. Finley directly owns 27,048 common units.
- The transaction was reported on August 12, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Management Comments
- Mr. Finley is a Director of Westlake Chemical Partners GP LLC, the general partner of Westlake Chemical Partners LP.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction involving phantom units. |
| 08/09/2024 | Date exercisable for phantom units. |
| 09/09/2024 | Expiration date for phantom units. |
| 08/12/2024 | Date of report submission. |
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.