Form 4: Westlake Corp Director Carolyn Chao Sabat Reports Stock Transactions
SEC Form 4
Director Carolyn Chao Sabat reports acquisition and disposal of Westlake Corp stock and restricted stock units.
Summary
- On August 11, 2024, Carolyn Chao Sabat, a director of Westlake Corp, reported transactions involving the company's stock.
- She acquired 1,128 restricted stock units on August 9, 2024.
- She also disposed of 1,136 shares of common stock on August 11, 2024.
- Following these transactions, Ms. Sabat directly owns 0 shares and 1,128 restricted stock units.
- The restricted stock units convert into common stock on a one-for-one basis and will vest on August 9, 2025.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Acquisition of 1,128 restricted stock units |
| 08/11/2024 | Disposal of 1,136 shares of common stock |
| 08/12/2024 | Date of report |
| 08/09/2025 | Vesting date for 1,128 restricted stock units |
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.