Benet Lincoln E 4

What Happened

• Benet Lincoln, a director of LyondellBasell Industries N.V. (LYB), received restricted stock units (RSUs) and experienced tax-withholding on vested RSUs. The filing shows a grant of 2,321 RSUs that vest on May 21, 2027 (reported as an Award, code A) and the automatic vesting of 2,917 RSUs on May 22, 2026, of which 1,410 shares were withheld by the issuer to satisfy tax obligations (code F). The withheld 1,410 shares were recorded at $69.72 per share, totaling $98,305; the 2,321 RSUs were granted at $0.00 (typical for RSU awards).

Key Details

• Transaction dates and actions:
  • 2026-05-21: Award (A) — 2,321 RSUs granted (vest 2027-05-21) at $0.00.
  • 2026-05-22: Tax withholding (F) — 1,410 shares withheld from 2,917 vested RSUs at $69.72/share = $98,305.
• Filing notes: Footnotes indicate a total of 5,238 RSUs involved (2,917 that vested on 2026-05-22 and 2,321 that vest on 2027-05-21).
• Shares owned after transaction: not specified in the Form 4.
• Timeliness: Form filed 2026-05-26 for transactions on 2026-05-21/22 — appears later than the typical 2-business-day Form 4 deadline.

Context

• This was an award/vesting and administrative tax-withholding, not an open-market sale: withheld shares were used to cover taxes, not sold by the insider on the market. RSU grants and withholding are routine compensation events for executives and directors and do not necessarily indicate buying or selling sentiment.