Foley Kimberly A 4

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.