4Filed Aug 16, 8:00 PM ET
Westlake (WLK) Director Roger Cregg Receives 2,184-Unit Award
$WLK · WESTLAKE CORPResearch Summary
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Westlake (WLK) Director Roger Cregg Receives 2,184-Unit Award
What Happened Roger A. Cregg, a director of Westlake Corp (WLK), was granted 2,184 restricted stock units (RSUs) on August 14, 2026. The Form 4 reports the award as an acquisition (code A) of 2,184 derivative units at a reported price of $0.00 — this is a compensation grant, not a market purchase or sale.
Key Details
- Transaction date: 2026-08-14 (reported on Form 4 filed 2026-08-17). Filing appears timely.
- Award: 2,184 restricted stock units; reported price $0.00 (grant of derivative securities).
- Shares owned after the transaction: not specified in the filing.
- Footnotes: F1 — RSUs convert to the issuer's common stock on a one-for-one basis. F2 — All RSUs vest on August 14, 2027.
- Transaction code: A (award/grant).
Context This was a standard director compensation award (RSUs) rather than an open-market buy or sale. RSUs are derivative awards that will convert to common stock 1-for-1 upon vesting next year; they do not reflect an immediate sale or purchase signal.