Seward James Malcolm 4

What Happened
James Malcolm, EVP & Chief Innovation Officer of LyondellBasell (LYB), had restricted stock units (RSUs) vest on Feb 22 and Feb 23, 2026. To satisfy tax withholding, the company withheld 840 shares on Feb 22 at $56.67 ($47,603) and 1,307 shares on Feb 23 at $56.66 ($74,055), for a total of 2,147 shares withheld and $121,658 in proceeds. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-22: 840 shares withheld @ $56.67 = $47,603
  • 2026-02-23: 1,307 shares withheld @ $56.66 = $74,055
  • Total withheld: 2,147 shares for $121,658
• Vesting and net shares delivered:
  • Feb 22 vesting: 1,696 RSUs vested; 840 withheld → 856 net shares delivered to Malcolm
  • Feb 23 vesting: 2,639 RSUs vested; 1,307 withheld → 1,332 net shares delivered
  • Total vested across both dates: 4,335 RSUs; total net delivered: 2,188 shares
• Footnotes / holdings: filing notes prior RSU grants and vesting schedules (see F2/F4) describing remaining RSUs with various future vest dates; the withholding transactions relate to automatic RSU vesting.
• Transaction code: F = shares withheld to satisfy tax withholding on vested awards (cashless/tax-withholding), not a discretionary sale by the insider.
• Filing timeliness: Report filed 2026-02-24 for report period 2026-02-22 — appears timely (no late filing indicated).

Context
These transactions are routine tax-withholding dispositions tied to RSU vesting (a form of automatic, non-discretionary share withholding). They do not necessarily indicate the insider’s view on the company’s stock — purchases typically carry more interpretive weight for bullish signals.