Foley Kimberly A 4
4 · LyondellBasell Industries N.V. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
LyondellBasell (LYB) EVP Kimberly Foley Receives Award; Shares Withheld
What Happened Kimberly A. Foley, EVP, Global O&P and Refining at LyondellBasell (LYB), had performance-based stock units and restricted stock units vest on Feb 18, 2026. The filing shows acquisitions of 2,783 shares (performance-based) and 1,007 shares (dividend equivalents tied to PSUs) at $55.97 each (total acquired = 3,790 shares worth $212,127). To satisfy tax withholding obligations, 730 shares and 246 shares were surrendered (disposed) at $55.97 each (total withheld = 976 shares worth $54,627). Net new shares added to Foley’s holdings = 2,814 shares (approximately $157,500 net value).
Key Details
- Transaction date: Feb 18, 2026; Filing date: Feb 20, 2026 (filed within two business days).
- Prices: all reported at $55.97 per share.
- Acquisitions: 2,783 shares ($155,765) and 1,007 shares ($56,362) — reported as awards/grants (code A).
- Dispositions: 730 shares ($40,858) and 246 shares ($13,769) — tax withholding (code F).
- Net change: +2,814 shares (3,790 acquired − 976 withheld) ≈ +$157,500.
- Shares owned after transaction: not specified in the provided filing details.
- Notable footnotes: vesting and tax withholding relate to performance-based stock units granted Feb 23, 2023 (F1, F3, F5); certain RSU grant schedule described (F2); shares were earned based on performance and fully vested following certification by the Compensation & Talent Development Committee on Feb 18, 2026 (F4).
Context
- These were not open-market purchases or discretionary sales — they reflect vesting of previously awarded equity and routine share withholding to cover taxes (common practice and not necessarily a market sentiment signal).
- Transaction codes: A = award/grant (acquisition on vesting); F = shares surrendered for tax withholding.
- Kimberly Foley is an executive (EVP); the filing does not indicate a 10% owner or a 10b5-1 plan in the provided notes.
Insider Transaction Report
Form 4
Foley Kimberly A
EVP, Global O&P and Refining
Transactions
- Tax Payment
Class A Ordinary Shares
[F1][F2]2026-02-18$55.97/sh−730$40,858→ 66,957.547 total - Tax Payment
Class A Ordinary Shares
[F3][F2]2026-02-18$55.97/sh−246$13,769→ 66,711.547 total - Award
Class A Ordinary Shares
[F4][F2]2026-02-18$55.97/sh+2,783$155,765→ 69,494.547 total - Award
Class A Ordinary Shares
[F5][F2]2026-02-18$55.97/sh+1,007$56,362→ 70,501.547 total
Footnotes (5)
- [F1]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 2,783 shares of performance-based stock units granted to the Reporting Person on February 23, 2023.
- [F2]Includes 25,680 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 5,566 granted on February 23, 2023 that vest on February 23, 2026; 10,095 granted on February 22, 2024 of which 3,365 vested on February 22, 2025, 3,365 vest on February 22, 2026; 3,365 vest on February 22, 2027 and 13,384 granted on February 27, 2025 of which 4,462 vest on February 27, 2026, 4,461 vest on February 27, 2027 and 4,461 vest on February 27, 2028.
- [F3]Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 1,007 shares in connection with performance-based stock units granted to the Reporting Person on February 23, 2023.
- [F4]Represents shares earned in connection with the performance-based stock units previously granted and unreportable on February 23, 2023 pursuant to the issuer's long-term incentive plan. Shares were earned based upon the level of attainment of certain performance objectives and continued employment. These shares fully vested on February 18, 2026 following certification by the Issuer's Compensation & Talent Development Committee.
- [F5]Represents shares from the settlement of dividend equivalents that accrued on the performance-based stock units prior to vesting and granted to the Reporting Person on February 23, 2023.
Signature
/s/ Lara A. Mason, Attorney-in-Fact|2026-02-20