LyondellBasell Industries N.V.·4

Mar 3, 4:40 PM ET

Foley Kimberly A 4

Research Summary

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LyondellBasell (LYB) EVP Kimberly Foley Receives RSU Award

What Happened

  • Kimberly A. Foley, EVP Global O&P and Refining at LyondellBasell (LYB), had 4,462 restricted stock units (RSUs) automatically vest on Feb 27, 2026. To satisfy tax withholding, 1,087 shares were withheld/disposed at $57.52 each, totaling $62,524.
  • On Feb 28, 2026 she was granted 23,052 RSUs (reported as an acquisition of 23,052 units at $0.00), which are awards that will vest in future years.

Key Details

  • Transactions:
    • Feb 27, 2026 — Tax withholding/disposition (code F): 1,087 shares @ $57.52 = $62,524.
    • Feb 28, 2026 — Grant/award (code A): 23,052 RSUs @ $0.00 (no immediate cash outlay).
  • Shares/units referenced: Form footnotes indicate a total of 35,339 RSUs are included in the reporting disclosures; the 23,052‑unit grant is part of that balance.
  • Vesting schedule for the 23,052 RSUs: 7,684 vest on Feb 28, 2027; 7,684 on Feb 28, 2028; and 7,684 on Feb 28, 2029 (per footnote).
  • Footnote on the Feb 27 vesting: 4,462 RSUs vested that day; 1,087 of those shares were withheld by the issuer to satisfy tax withholding obligations.
  • Filing: Form 4 was filed with accession 0001791947-26-000006 on Mar 3, 2026 (reporting period includes Feb 27–28, 2026).

Context

  • The 1,087‑share disposition was a tax‑withholding event (routine F-code transaction), not a discretionary sale signaling a change in investment view.
  • The Feb 28 entry is an RSU grant (award), which is a deferred equity compensation that vests over the stated schedule — not an immediate stock purchase.
  • For retail investors, awards and withholding actions are common executive compensation mechanics; purchases (P) typically carry more direct signaling value than routine withholding (F) or scheduled awards (A).