Westlake (WLK) Director Bhavesh V. Patel Receives 2,184 RSUs

What Happened

Bhavesh V. Patel, a director of Westlake Corp (WLK), received an award of 2,184 restricted stock units (RSUs) on August 14, 2026. The grant is recorded as a derivative acquisition (code A) at $0.00 per share (no cash paid). These RSUs convert into one share of Westlake common stock per unit when they vest.

Key Details

• Transaction date: August 14, 2026 (reported on Form 4 filed August 17, 2026).
• Grant: 2,184 RSUs; price shown $0.00 (award/compensation).
• Vesting: All RSUs vest on August 14, 2027 (Footnote F2).
• Conversion: RSUs convert one-for-one into Westlake common stock (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Filed Aug 17, 2026 — within the SEC’s reporting window (timely).
• Transaction code: A (award/grant); category: derivative securities (RSUs).

Context

This was an equity award (compensation) to a non-employee/board director rather than an open-market purchase or sale. Such grants are common for director compensation and do not by themselves indicate a buy/sell signal; the economic interest will materialize if and when the RSUs vest and convert to shares.