Form 4: Westlake Corp Executive Vice President Robert F. Buesinger Sells 122 Shares
SEC Form 4 Filing
Robert F. Buesinger, Executive Vice President of Westlake Corp, sold 122 shares of common stock at a price of $144.5 on March 13, 2024.
Summary
- On March 13, 2024, Robert F. Buesinger, an Executive Vice President at Westlake Corp, sold 122 shares of the company's common stock.
- The sale was executed at a price of $144.5 per share.
- Following the transaction, Buesinger directly owns 25,022 shares of Westlake Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. Insider sales can be interpreted in various ways, but without additional context, it's difficult to determine the specific reason for the sale. It is 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 the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of the stock sale transaction |
| 03/14/2024 | Date of signature for the Form 4 filing |
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