Hanley Michael Sean 4

What Happened
Michael (Michael Sean) Hanley, a director of LyondellBasell Industries N.V. (LYB), received an award of 2,321 restricted stock units (RSUs) on May 21, 2026 (grant reported at $0). Separately, on May 22, 2026, 2,917 RSUs automatically vested (from a prior grant); the company withheld 540 of those vested shares to cover tax withholding obligations at $69.72 per share, resulting in $37,649 treated as disposed for tax purposes. The 2,321 RSUs granted on May 21, 2026 vest on May 21, 2027.

Key Details

• Transaction types: A = Award/Grant (2,321 RSUs on 2026-05-21 at $0); F = Tax withholding (540 shares withheld on 2026-05-22 @ $69.72 = $37,649).
• Footnotes: Filing discloses 5,238 RSUs total from the long-term incentive plan, including 2,917 that vested 5/22/2026 and 2,321 that vest 5/21/2027. The 540-share disposition was withholding to satisfy taxes.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 filed 2026-05-26 covering transactions dated 2026-05-21 and 2026-05-22; the filing does not indicate a late-report flag.

Context

• This was an equity award (RSUs), not an open-market purchase or a discretionary sale. RSU grants are compensation and vest over time; the 2,321 RSUs vest one year out (5/21/2027).
• The 540-share "disposition" is issuer withholding to cover taxes on vested RSUs (routine administrative action), not an active sale on the market.
• For retail investors: awards and routine tax withholding are common and do not by themselves signal an insider betting for or against the stock.