Form 4: Westlake Corp Director Mark McCollum Reports Stock Transactions
SEC Form 4 Filing
Director Mark McCollum reported the acquisition and disposal of Westlake Corp common stock and restricted stock units.
Summary
- On August 11, 2024, Mark McCollum, a director of Westlake Corp, reported transactions involving the company's stock.
- These transactions included the conversion of 1,136 restricted stock units into common stock.
- Following these transactions, McCollum directly owns 8,528 shares of common stock.
- Additionally, McCollum was granted 1,128 restricted stock units on August 9, 2024, which 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 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Reporting person was granted 1,128 restricted stock units which will vest on August 9, 2025. |
| 08/11/2024 | Reporting person converted 1,136 restricted stock units into common stock. |
| 08/12/2024 | Date of report. |
| 08/09/2025 | All of the restricted stock units will vest. |
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