Form 4: Westlake Corp Director Catherine Chao Reports Stock Transactions
SEC Form 4
Director Catherine Chao reported the acquisition and disposal of Westlake Corp common stock and restricted stock units.
Summary
- On August 11, 2024, Catherine Chao, a director of Westlake Corp, reported transactions involving the company's stock.
- These transactions included the acquisition of 1,136 common stock units and the disposal of 4,452 common stock units.
- Following these transactions, Ms. Chao directly owns 0 common stock units and indirectly owns 19,423 common stock units through a trust.
- Additionally, Ms. Chao acquired 1,128 restricted stock units on August 9, 2024, which will vest on August 9, 2025.
- She also disposed of 1,136 restricted stock units on August 11, 2024.
- After these transactions, Ms. Chao directly owns 1,128 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Acquisition of 1,128 restricted stock units. |
| 08/11/2024 | Acquisition of 1,136 common stock units and disposal of 4,452 common stock units; disposal of 1,136 restricted stock units. |
| 08/12/2024 | Date of signature by J Feng POA. |
| 08/09/2025 | Vesting date for 1,128 restricted stock units. |
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