Kaplan Jeffrey A 4

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.