Westlake (WLK) Director R. Bruce Northcutt Receives Award

What Happened
R. Bruce Northcutt, a director of Westlake Corp (WLK), received a grant of 2,184 restricted stock units (RSUs) on August 14, 2026. The award was reported as a derivative grant with an acquisition price of $0.00 (code A), so no cash changed hands at grant; the reported grant value at issuance is $0. These RSUs convert into the issuer’s common stock on a one-for-one basis upon vesting.

Key Details

• Transaction date: August 14, 2026 (reported on Form 4 filed August 17, 2026).
• Grant: 2,184 RSUs at $0.00 (award/derivative).
• Vesting: All RSUs will vest on August 14, 2027 (footnote).
• Conversion: Each RSU converts to one share of Westlake common stock upon vesting (footnote).
• Shares owned after transaction: Not specified in the supplied filing excerpt.
• Timeliness: Form 4 was filed August 17, 2026 (within the normal reporting window for Form 4 filings).

Context
This is a standard director compensation award (restricted stock units), not an open-market purchase or sale. RSU grants are common and represent future share compensation subject to vesting; their ultimate value depends on Westlake’s stock price at vesting. Because no shares were bought or sold immediately, the grant does not provide a direct market sentiment signal like a purchase or sale would.