Rhenman Torkel 4

What Happened
Rhenman Torkel, EVP of Advanced Polymer Solutions at LyondellBasell (LYB), had 4,366 restricted stock units (RSUs) vest on Feb 27, 2026. To satisfy tax-withholding obligations, 1,196 shares were withheld (reported as a disposition) at $57.52 per share for a value of $68,794. On Feb 28, 2026 he was granted 22,552 RSUs (reported as an acquisition) with no purchase price; these RSUs vest over three years.

Key Details

• Transactions reported: Feb 27, 2026 — 1,196 shares withheld for taxes at $57.52 ($68,794); Feb 28, 2026 — grant of 22,552 RSUs (value $0 at grant).
• Vesting/holdings notes: The grant of 22,552 RSUs vests as 7,518 on Feb 28, 2027; 7,517 on Feb 28, 2028; and 7,517 on Feb 28, 2029 (see footnotes). Footnotes also reference existing RSU pools (e.g., 12,201 and 34,753 RSUs in issuer disclosures).
• Nature of transactions: The withholding is a routine tax-related disposition (code F). The 22,552-item entry is an award/grant (code A). RSUs are deferred equity compensation, not an open-market purchase.
• Filing timeliness: Form 4 was filed 2026-03-03 for transactions on Feb 27–28, 2026; the filing does not indicate a late report.

Context

• Withheld shares for taxes are a common administrative transaction and do not necessarily signal selling for personal reasons.
• The 22,552 RSU grant is compensation that vests over future dates; such awards are retention/incentive-based rather than an immediate market purchase.
• For retail investors, new RSU grants are neutral-to-mildly-positive (they align executive incentives with shareholder value), while the withheld shares are routine and not a bearish signal.