Form 4: Westlake Executive Sells Shares
Insider Transaction (Form 4)
Albert Chao, Executive Chairman and a Director of Westlake Corp, sold 38,873 shares of common stock on August 11, 2026.
Summary
- Option exercise/conversion: acquired 38,873 Common Stock at $61.87 ($2,404,878) on August 11, 2026; holds 681,753 after (Direct).
- Open-market sale: disposed of 7,489 Common Stock at $79.70 ($596,873) on August 11, 2026; holds 674,264 after (Direct).
- Open-market sale: disposed of 31,384 Common Stock at $80.42 ($2,523,901) on August 11, 2026; holds 642,880 after (Direct).
- Option exercise/conversion: disposed of 38,873 Employee Option (right to buy) on August 11, 2026; holds 38,873 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $3,120,775 of stock on the open market.
Insider Transactions
Albert Chao — Director, Officer (Executive Chairman)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-11 | Option exercise/conversion | Common Stock | 38,873 | $62 | $2.4M | 681,753 |
| 2026-08-11 | Open-market sale | Common Stock | 7,489 | $80 | $596.9K | 674,264 |
| 2026-08-11 | Open-market sale | Common Stock | 31,384 | $80 | $2.5M | 642,880 |
| 2026-08-11 | Option exercise/conversion | Employee Option (right to buy) | 38,873 | — | — | 38,873 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-11 | Option exercise/conversion (38,873 shares) |
| 2026-08-11 | Open-market sale (7,489 shares) |
| 2026-08-11 | Open-market sale (31,384 shares) |
| 2026-08-11 | Option exercise/conversion (38,873 shares) |
Keywords
insider transaction, Form 4, WLK, WESTLAKE CORP, bearish, Albert Chao
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