Westlake (WLK) Director David Chao Receives 2,184-Share Award

What Happened David Tsung-Hung Chao, a director of Westlake Corp (WLK), was granted 2,184 restricted stock units (RSUs) on August 14, 2026. The grant is reported as a derivative award at $0.00 per share (no cash purchase). These RSUs will convert one-for-one into the issuer’s common stock when they vest.

Key Details

• Transaction date: 2026-08-14; Form 4 filed: 2026-08-17 (timely filing).
• Award: 2,184 restricted stock units; reported price $0.00 (derivative award).
• Vesting: All RSUs vest on August 14, 2027 (footnote F2).
• Conversion: RSUs convert into common stock on a one-for-one basis (footnote F1).
• Shares owned after transaction: not specified in the filing.
• Filing status: timely (filed within the required Form 4 window).

Context Restricted stock unit grants are a common form of executive/director compensation and do not represent an immediate market purchase or sale. The award becomes economically meaningful only if and when the RSUs vest and convert to shares; it does not by itself indicate insider buying or selling intentions.