Form 4: Westlake Corp Executive Vice President and CFO, Mark Steven Bender, Sells Shares

Sentiment:

SEC Form 4


Mark Steven Bender, EVP & CFO of Westlake Corp, sold 4,950 shares of common stock on May 3, 2024, at a price of $152.19 per share.

Summary

  • On May 3, 2024, Mark Steven Bender, the Executive Vice President and CFO of Westlake Corp, sold 4,950 shares of the company's common stock.
  • The sale was executed at a price of $152.19 per share.
  • Following the transaction, Bender directly owns 40,356 shares of Westlake Corp common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

  • The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.

Key Dates

DateDescription
05/03/2024Date of transaction: Mark Steven Bender sold shares of Westlake Corp.
05/06/2024Date of signature on the Form 4 filing.

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