Friedrichs Dale D 4
4 · LyondellBasell Industries N.V. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
LyondellBasell (LYB) EVP Dale Friedrichs Receives RSU Grant
What Happened
- Dale D. Friedrichs, EVP, Operations Excellence & HSE at LyondellBasell (LYB), had 3,097 restricted stock units (RSUs) automatically vest on Feb 27, 2026. To satisfy tax withholding, 682 of those vested shares were withheld/disposed at $57.52 per share, generating $39,229. On Feb 28, 2026 he was granted 15,998 RSUs (no cash paid) under the company’s long-term incentive plan; those RSUs vest over 2027–2029.
Key Details
- Transactions:
- Feb 27, 2026 — Tax withholding/disposition: 682 shares withheld at $57.52 = $39,229 (code F).
- Feb 28, 2026 — Grant/acquisition: 15,998 RSUs @ $0.00 (code A); these are awards, not open-market purchases.
- Vesting and holdings noted in footnotes:
- 3,097 RSUs automatically vested Feb 27, 2026; 682 withheld for tax withholding.
- The 15,998 RSUs granted on Feb 28, 2026 vest as follows: 5,334 on Feb 28, 2027; 5,332 on Feb 28, 2028; 5,332 on Feb 28, 2029.
- Footnotes also reference prior RSU grants from 2024 and 2025.
- Filing timing: Form 4 was filed Mar 3, 2026 reporting the Feb 27–28, 2026 transactions; the filing itself does not indicate a late-file flag.
Context
- This activity is compensation-related: the withheld 682 shares were taken to satisfy tax obligations (routine), not an open-market sale that signals a trading decision. The 15,998 RSUs are a multi-year award that will vest in future years and do not represent an immediate purchase of shares.
Insider Transaction Report
Form 4
Friedrichs Dale D
EVP, Ops Excellence, HSE
Transactions
- Tax Payment
Class A Ordinary Shares
[F1][F2]2026-02-27$57.52/sh−682$39,229→ 47,409 total - Award
Class A Ordinary Shares
[F3]2026-02-28+15,998→ 63,407 total
Footnotes (3)
- [F1]On February 27, 2026 the reporting person's restricted stock units automatically vested 3,097 shares. 682 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations.
- [F2]Includes 8,620 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,428 granted on February 22, 2024 that vest on February 22, 2027; 3,096 granted on February 27, 2025 that vest on February 27, 2027 and 3,096 granted on February 27, 2025 that vest on February 27, 2028.
- [F3]Includes 24,618 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 2,428 granted on February 22, 2024 that vest on February 22, 2027; 3,096 granted on February 27, 2025 that vest on February 27, 2027 and 3,096 granted on February 27, 2025 that vest on February 27, 2028. The 15,998 RSUs reported on this Form 4 vest as follows: 5,334 vest on February 28, 2027, 5,332 vest on February 28, 2028 and 5,332 vest on February 28, 2029.
Signature
/s/ Lara A. Mason, Attorney-in-Fact|2026-03-03