CHASE ANTHONY R 4
Research Summary
AI-generated summary
LyondellBasell (LYB) Director Anthony R. Chase Receives RSUs
What Happened
- Anthony R. Chase, a director of LyondellBasell Industries N.V. (LYB), received restricted stock units (RSUs) and had a portion withheld to cover taxes. The filing shows a grant of 2,321 RSUs on 2026-05-21 (value reported as $0 for the grant). Separately, 2,917 RSUs automatically vested on 2026-05-22; 540 of those vested shares were withheld by the issuer to satisfy tax withholding obligations, a disposition valued at $37,649 (540 shares × $69.72 per share).
- The 2,321 RSUs reported as granted vest on May 21, 2027; the filing also notes a total grant of 5,238 RSUs under the long-term incentive plan (including the 2,917 that vested).
Key Details
- Transaction dates and prices: Grant on 2026-05-21 (2,321 RSUs, $0 reported); vesting on 2026-05-22 (2,917 RSUs vested). Tax withholding disposition: 540 shares at $69.72 = $37,649.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes: filing states 5,238 RSUs granted under the LTIP, 2,917 vested on 5/22/2026, and 2,321 RSUs that vest on 5/21/2027.
- Filing timing: Form filed 2026-05-26 reporting transactions dated 2026-05-21/22 (the filing date is several days after the reported transactions).
Context
- These transactions are compensation-related (RSU grant and automatic vesting). The 540-share disposition was a routine tax-withholding action, not an open-market sale indicating investment sentiment. RSU grants and withholdings are common parts of executive/director compensation and do not by themselves signal a buy or sell decision in the market.