Kaplan Jeffrey A 4
4 · LyondellBasell Industries N.V. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
LyondellBasell (LYB) EVP Jeffrey Kaplan Sells 10,000 Shares
What Happened
Jeffrey A. Kaplan, Executive Vice President and Chief PC, Legal & Corporate Officer of LyondellBasell Industries N.V. (LYB), sold 10,000 shares on May 13, 2026. The sale was reported at a weighted‑average price of $74.16 per share for aggregate proceeds of approximately $741,573. The filing indicates the sale was executed as multiple trades.
Key Details
- Transaction date: 2026-05-13 (reported on Form 4 filed 2026-05-15). Filing was timely (reported two days after the trade).
- Transaction type: Sale (open market or private sale), code S.
- Shares sold: 10,000; weighted‑average price: $74.16; price range across trades: $74.13–$74.21. Total proceeds ≈ $741,573. (Footnote F1 confirms multiple trades and weighted‑average pricing.)
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Footnote F2: The filing notes Kaplan has 32,627 RSUs outstanding with specified vesting dates (grants from 2024–2026 with vesting through Feb 28, 2029).
- No 10b5‑1 plan, tax‑withholding disposition, or gift language was noted in the summary provided.
Context
This was a stock sale (often routine for liquidity or diversification) rather than a purchase, so it does not necessarily indicate a change in insider sentiment about the company. The RSU footnote describes unvested awards and their vesting schedule, which affect future holdings but do not alter the fact that this transaction was an outright sale.
Insider Transaction Report
- Sale
Class A Ordinary Shares
[F1][F2]2026-05-13$74.16/sh−10,000$741,573→ 96,674 total
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $74.13 USD to $74.21 USD. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]Includes 32,627 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 3,218 granted on February 22, 2024 that vest on February 22, 2027; 4,103 granted on February 27, 2025 that vest on February 27, 2027; 4,103 granted on February 27, 2025 that vest on February 27, 2028 and 21,203 granted on February 28, 2026 of which: 7,069 vest on February 28, 2027, 7,067 vest on February 28, 2028 and 7,067 vest on February 28, 2029.