Form 4: Westlake Corp Executive Vice President Robert F. Buesinger Sells 3,878 Shares
SEC Form 4 Filing
Robert F. Buesinger, Executive Vice President of Westlake Corp, sold 3,878 shares of common stock at a price of $144.5 on March 15, 2024.
Summary
- On March 15, 2024, Robert F. Buesinger, an Executive Vice President at Westlake Corp, sold 3,878 shares of the company's common stock.
- The sale price was $144.5 per share.
- Following the transaction, Buesinger directly owns 21,144 shares of Westlake Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive, which is a neutral event. The sentiment is neither positive nor negative.
Industry Context
Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal expenses. They are often scrutinized by investors for insights into management's perspective on the company's future prospects.
Stakeholder Impact
- The stock sale could have a minor negative impact on shareholder sentiment, although executive stock sales are common and often don't indicate a negative outlook.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of the stock sale transaction |
| 03/18/2024 | Date of signature for the Form 4 filing |
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