Form 4: Westlake Corp Executive Vice President and CFO Sells Shares

Sentiment:

SEC Form 4 Filing


Mark Steven Bender, EVP & CFO of Westlake Corp, sold 4,804 shares of common stock at an average price of $141.019 on March 6, 2024.

Summary

  • On March 6, 2024, Mark Steven Bender, the Executive Vice President and CFO of Westlake Corp, sold 4,804 shares of the company's common stock.
  • The sale was executed at a weighted average price of $141.019 per share.
  • The prices for individual transactions ranged from $141.00 to $141.05.
  • Following the reported transaction, Bender directly owns 45,306 shares of Westlake Corp.
  • The sale was reported on Form 4, filed with the SEC on March 7, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

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 an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily reflect a negative outlook on the company.

Key Dates

DateDescription
03/06/2024Date of the stock sale transaction.
03/07/2024Date the Form 4 was signed.

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