Campbell Tracey D 4

What Happened

• Tracey D. Campbell, EVP, Sustainability & Corporate Affairs at LyondellBasell (LYB), received awards tied to performance-based stock units and dividend equivalents that settled/vested on Feb 18, 2026. The filing shows acquisitions of 577 shares ($32,295) and 209 shares ($11,698) at $55.97 each, and two dispositions to satisfy tax withholding of 62 shares ($3,470) and 172 shares ($9,627) at $55.97 each. Net effect: +552 shares, net value acquired ≈ $30,896.
• These were not open-market purchases or sales but settlement/vesting events and routine tax-withholding actions.

Key Details

• Transaction date: 2026-02-18; Filing date: 2026-02-20 (timely). Price per share: $55.97.
• Individual transactions reported:
  • Acquired 577 shares @ $55.97 = $32,295 (award/vesting).
  • Acquired 209 shares @ $55.97 = $11,698 (dividend equivalents/settlement).
  • Disposed 62 shares @ $55.97 = $3,470 (tax withholding).
  • Disposed 172 shares @ $55.97 = $9,627 (tax withholding).
• Net change: +552 shares; net cash value acquired ≈ $30,896.
• Holdings/vesting schedule: filing notes 6,427 restricted stock units (RSUs) outstanding with specific vesting tranches (see footnote F2).
• Notable footnotes: F4 indicates the performance-based units were certified and fully vested on Feb 18, 2026; F3/F1/F5 explain that some shares represent dividend equivalents and that certain shares were surrendered to cover tax withholding. These disposals are coded F (tax withholding), a routine administrative step.
• No 10b5-1 plan or late-filing flag noted in the filing.

Context

• This was a vesting/settlement of performance-based awards and dividend equivalents, not a market buy or sell. The small number of shares surrendered was to satisfy tax withholding—a common, non-informative administrative action. Purchases (open-market buys) typically carry more informational weight for retail investors; this filing mainly documents compensation vesting.