KAMSKY VIRGINIA A 4

What Happened

• Virginia A. Kamsky, a director of LyondellBasell Industries N.V. (LYB), was granted 561 shares as a stock award (code A) on 2026-06-30. The award was part of her election to receive stock in lieu of cash retainer and was effectively valued using a $68.99 quarterly average price (≈ $38,703).
• On the same date she had 100 shares withheld/disposed to satisfy tax withholding (code F) at $52.65 per share, totaling $5,265. The grant line shows an acquisition price of $0.00 (typical for awards); the footnote explains the share count was based on the $68.99 average price.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-02 (filed within normal Form 4 timing).
• Grant: 561 shares issued (stock in lieu of cash retainer). Valuation basis per footnote: $68.99/share → ~ $38,703 total.
• Tax withholding: 100 shares withheld/disposed at $52.65/share → $5,265 withheld.
• Shares owned after transaction: Not specified in the excerpt provided. Filing notes she also has 2,321 RSUs that vest on May 21, 2027 (footnote F2).
• Footnotes: F1 explains the stock-in-lieu-of-cash retainer and how share count was calculated; F2 notes outstanding RSUs vesting in 2027.

Context

• The 100-share disposition was a tax-withholding event (code F), not an open-market sale — a routine administrative step when equity compensation is issued.
• Receiving stock in lieu of cash for a director fee is common compensation and should be viewed as routine rather than a direct buy/sell market signal.