Form 4: Westlake Senior Chairman Gifts 15,140 Shares

James Chao, Senior Chairman and Director of Westlake Corp, reported gifting 15,140 shares of common stock.

Summary

• James Chao, a Director and Senior Chairman of Westlake Corp [WLK], disposed of 15,140 shares of common stock.
• The transaction occurred on August 28, 2025, and was categorized as a gift (Transaction Code 'G').
• The shares were disposed of at a price of $0 per share.
• Following this transaction, James Chao directly beneficially owns 39,741 shares of Westlake Corp common stock.

Sentiment

Score: 5

Explanation: A gift of shares by an insider is generally neutral to slightly negative as it reduces insider ownership, but it's not a sale for cash, making the impact less severe than a market sale.

Negatives

• A reduction in direct insider ownership by 15,140 shares.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Disposition of 15,140 shares of common stock as a gift by Senior Chairman James Chao. The recipient is not disclosed in the filing.

Stakeholder Impact

• Shareholders: A slight reduction in direct insider ownership, which could be perceived as a minor negative, though it's a gift rather than a sale for profit.

Key Dates

Keywords

Westlake Corp, WLK, Insider Transaction, Form 4, Share Gift, James Chao, Director, Senior Chairman