WESTLAKE CORP·4/A

Mar 6, 3:16 PM ET

Bender Mark Steven 4/A

Research Summary

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Westlake (WLK) CFO Mark Bender Sells 1,171 Shares

What Happened

  • Mark Steven Bender, Executive VP & CFO of Westlake Corp (WLK), disposed of 1,171 shares on 2022-02-16. The shares were sold at $104.96 per share for proceeds of $122,908. The sale was reported under code F, indicating the shares were sold to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).

Key Details

  • Transaction date and price: 2022-02-16 at $104.96 per share.
  • Shares sold: 1,171; total value: $122,908.
  • Shares owned after transaction: Not specified in this amended filing.
  • Footnote: The Form 4/A amends the original Form 4 filed Feb 17, 2022 to correct the number of shares sold to cover tax withholding. This amendment supplements (does not replace) the original disclosure.
  • Timeliness: The underlying transaction occurred in 2022; this is an amendment filed in 2026 to correct the earlier report.

Context

  • This was a tax-withholding sale (routine) tied to RSU vesting, not an open-market sale intended as a directional investment. Such withholding sales are common and typically reflect compensation tax obligations rather than insider sentiment.