Form 4: Westlake Corp Director Kimberly Lubel Reports Stock Transactions
SEC Form 4
Director Kimberly Lubel reports acquisition and disposal of Westlake Corp (WLK) common stock and restricted stock units.
Summary
- On August 11, 2024, Kimberly Lubel, a director of Westlake Corp, reported a transaction involving common stock.
- She disposed of 1,136 shares of common stock.
- Following the reported transaction, Lubel directly owns 10,525 shares of common stock.
- On August 9, 2024, Lubel acquired 1,128 restricted stock units which convert into common stock on a one-for-one basis and will vest on August 9, 2025.
- On August 11, 2024, Lubel disposed of 1,136 restricted stock units.
- Following the reported transaction, Lubel directly owns 0 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of 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 | Reporting person acquired 1,128 restricted stock units. |
| 08/09/2025 | All of the restricted stock units will vest. |
| 08/11/2024 | Reporting person disposed of 1,136 shares of common stock and 1,136 restricted stock units. |
| 08/12/2024 | Date of signature for the report. |
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