Friedrichs Dale D 4

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.