Form 4: Westlake Chemical Partners LP Executive Andrew Kenner Reports Transaction in Common Units
SEC Form 4 Filing
Andrew Kenner, SVP at Westlake Chemical Partners LP, reports the acquisition and disposition of common units on August 12, 2024.
Summary
- On August 12, 2024, Andrew Kenner, SVP of Olefin Material & Corp Pr at Westlake Chemical Partners LP, engaged in a transaction involving the company's common units.
- Kenner acquired 2,692 common units at a weighted average price of $22.628 per unit, with individual prices ranging from $22.60 to $22.63.
- Kenner also disposed of 185,000 common units.
- Following the reported transaction, Kenner directly owns 185,000 common units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, like Andrew Kenner, transacts in their company's securities. It provides transparency to the market regarding the trading activities of key personnel.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of transaction involving common units. |
| 08/14/2024 | Date of signature for the report. |
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