Form 4: Westlake Corp Director Michael J. Graff Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Michael J. Graff reported the acquisition and disposal of Westlake Corp common stock and restricted stock units.

Summary

  • On August 11, 2024, Michael J. Graff, a director of Westlake Corp, reported transactions involving the company's stock.
  • Graff acquired 1,136 shares of common stock through the conversion of restricted stock units.
  • Following the reported transactions, Graff directly owns 20,014 shares of Westlake Corp common stock.
  • Additionally, Graff acquired 1,128 restricted stock units on August 9, 2024, which will vest on August 9, 2025.
  • The reporting person was granted 1,136 restricted stock units vesting on the first anniversary of the grant date on August 11, 2023.

Sentiment

Score: 5

Explanation: The document 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, which is a common practice for publicly traded companies.

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

DateDescription
08/11/2023The reporting person was granted 1,136 restricted stock units vesting on the first anniversary of the grant date.
08/09/2024Acquisition of 1,128 restricted stock units.
08/11/2024Acquisition of 1,136 shares of common stock through conversion of restricted stock units.
08/09/2025Vesting date for 1,128 restricted stock units.

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