LyondellBasell Industries N.V.·4

Feb 24, 4:27 PM ET

Campbell Tracey D 4

Research Summary

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LyondellBasell (LYB) EVP Tracey D. Campbell Receives RSU Award

What Happened

  • Tracey D. Campbell, EVP, Sustainability & Corporate Affairs at LyondellBasell (LYB), had 1,155 restricted stock units (RSUs) automatically vest on Feb 23, 2026. To satisfy tax withholding obligations, the issuer withheld 340 shares (Disposition code F) at a price of $56.66 per share, a withholding value of $19,264. This was a tax-withholding/cashless settlement of vested RSUs, not an open-market sale.

Key Details

  • Transaction date: 2026-02-23; Filing date: 2026-02-24 (filed next day).
  • Withheld/disposed: 340 shares at $56.66 each; total withholding value $19,264.
  • Vesting: 1,155 RSUs vested on Feb 23, 2026; 340 of those were withheld for taxes.
  • Shares owned after transaction: not reported in this Form 4; footnote states the reporting person has 5,272 RSUs granted under the LTIP with specified vesting schedule (see footnote).
  • Footnotes:
    • F1: Confirms 1,155 RSUs vested and 340 shares withheld to satisfy tax obligations.
    • F2: Details a total of 5,272 RSUs granted and their remaining vesting schedule (grants from 2024 and 2025).
  • Timeliness: Filed the day after the vesting (appears timely).

Context

  • Code F transactions are issuer share withholdings to cover tax liabilities on vested awards (a routine administrative action), not a market sale or purchase. Such withholdings do not necessarily indicate insider sentiment about the stock.