Form 4: Westlake Corp EVP & CFO Mark Steven Bender Sells Shares
SEC Form 4 Filing
Mark Steven Bender, EVP & CFO of Westlake Corp, sold 4,854 shares of common stock at an average price of $137.57 on February 26, 2024.
Summary
- On February 26, 2024, Mark Steven Bender, the EVP & CFO of Westlake Corp, sold 4,854 shares of the company's common stock.
- The sale was executed at a weighted average price of $137.57 per share.
- The price range for the shares sold was between $137.00 and $138.00.
- Following the transaction, Bender directly owns 50,110 shares of Westlake Corp.
- The sale was reported on a Form 4 filing with the SEC on February 28, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's stock sale. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors to gauge management's sentiment about the company's future prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.
Stakeholder Impact
- The stock sale could potentially influence investor sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: Mark Steven Bender sold shares of Westlake Corp. |
| 02/28/2024 | Date of Form 4 filing with the SEC. |
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