LyondellBasell Industries N.V.·4

May 26, 4:06 PM ET

Manifold Albert Jude 4

Research Summary

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LyondellBasell (LYB) Director Albert Jude Manifold Receives RSU Award

What Happened

  • Albert Jude Manifold, a director of LyondellBasell Industries N.V. (LYB), received restricted stock unit (RSU) awards and had shares withheld to cover taxes. On 2026-05-21 he was granted 2,321 RSUs (report shows acquisition at $0.00) that vest on May 21, 2027. Separately, 2,917 RSUs automatically vested on 2026-05-22; 689 of those shares were withheld by the issuer to satisfy tax withholding obligations at an effective per-share withholding value of $69.72, totaling $48,037 (disposition via withholding).
  • This was not an open-market sale—the 689-share disposition is a routine tax-withholding settlement tied to RSU vesting, while the 2,321-share entry is a newly granted award that vests in 2027.

Key Details

  • Transaction dates and types: 2026-05-21 (A = Award/Grant) — 2,321 RSUs acquired at $0.00; 2026-05-22 (F = Tax withholding) — 689 shares withheld at $69.72 ($48,037).
  • Footnotes: F1 notes a total grant of 5,238 RSUs under the long-term incentive plan, including 2,917 that vested on 5/22/2026 and 2,321 that vest on 5/21/2027. F2 confirms 2,917 RSUs vested on 5/22/2026 and 689 shares were withheld for taxes. F3 reiterates the 2,321 RSUs vesting in 2027.
  • Shares owned after the transactions are not specified in the filing.
  • Filing date: Form 4 filed 2026-05-26 covering transactions on 5/21 and 5/22/2026; the filing does not indicate lateness.

Context

  • RSU vesting and tax withholding are routine compensation events. Withholding of shares to cover taxes is a common administrative disposition and does not necessarily indicate a decision to sell shares in the market.
  • The 2,321 RSUs reported as acquired on 5/21/2026 are awards that will vest on 5/21/2027; no cash purchase or open-market sale was reported in this filing.