Baksht Jonathan 4

What Happened Jonathan Baksht, SVP and Chief Financial Officer of Westlake Corp (WLK), received a grant of 20,580 restricted stock units (RSUs) on June 15, 2026. The filing reports an acquisition/award (transaction code A) at $0.00 per unit (reported value $0), reflecting a compensation grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (timely filing).
• Award: 20,580 RSUs; reported price: $0.00; reported cash amount: $0.
• Vesting: All RSUs vest on June 15, 2029 (Footnote: each RSU converts to one share on vesting).
• Shares owned after transaction: Not specified in this Form 4.
• Transaction type/code: A = Award/Grant; classified as a derivative grant (RSUs).
• No 10b5-1 plan, sale, or tax-withholding details reported in this filing.

Context RSUs are a form of equity compensation giving the holder a contingent right to receive common shares in the future (here, one share per RSU at vesting). This grant is a compensation/retention award and does not represent an immediate purchase or sale of shares. For retail investors, such awards signal management compensation practices but do not directly indicate insider buying or selling intent.