KAMSKY VIRGINIA A 4
Research Summary
AI-generated summary
LyondellBasell (LYB) Director Virginia Kamsky Receives RSU Award
What Happened Virginia A. Kamsky, a director of LyondellBasell Industries N.V. (LYB), received a grant of 2,321 restricted stock units (RSUs) on May 21, 2026 (reported as an award at $0). Separately, on May 22, 2026, 2,917 of her previously granted RSUs automatically vested; 593 of those vested shares were withheld by the company to satisfy tax withholding obligations. The withheld 593 shares were reported as disposed at $69.72 per share for a total withholding value of $41,344.
Key Details
- Transaction dates: May 21, 2026 (grant of 2,321 RSUs); May 22, 2026 (vesting and tax withholding of 593 shares).
- Prices/values: Grant reported at $0 (typical for RSUs). Withholding: 593 shares × $69.72 = $41,344.
- Vesting schedule: The 2,321 RSUs reported on May 21, 2026 vest on May 21, 2027. Footnotes state a total grant of 5,238 RSUs included 2,917 that vested on May 22, 2026.
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
- Filing timeliness: Form filed May 26, 2026 for transactions on May 21–22, 2026 — no late filing indicated in the excerpt.
- Transaction codes: A = Award/Grant; F = Payment of exercise price or tax liability (withholding).
Context
- RSUs are awards that convert to shares only upon vesting; the May 21 entry is a future‑vesting grant (no immediate cash outlay).
- The 593‑share disposition was a tax withholding (shares retained by the issuer to cover taxes), not an open‑market sale — a routine administrative action rather than a directional bet on the stock.
- For retail investors, grants/vests are informative about compensation but do not necessarily reflect the director’s market view.