van der Laan Yvonne 4
4 · LyondellBasell Industries N.V. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
LyondellBasell (LYB) EVP Yvonne van der Laan Receives Award; Sells Shares
What Happened
- Yvonne van der Laan, EVP, Circular & Low Carbon Solutions at LyondellBasell (LYB), had performance-based stock units (PSUs) and related dividend equivalents settle/vest on Feb 18, 2026. She was issued 797 shares (value $44,608) and 289 shares (value $16,175), and 391 and 142 shares were surrendered to satisfy tax withholding obligations (values $21,884 and $7,948 respectively). All transactions executed at $55.97 per share.
- This was not an open-market buy or sale for investment purposes but a routine issuance/settlement of compensation awards with shares withheld for taxes (transaction code A for award/acquisition; F for withholding/disposition). Net effect: +553 shares (1,086 awarded − 533 withheld) — roughly a $30.95k net increase at $55.97/share.
Key Details
- Transaction date: 2026-02-18. Price per share: $55.97.
- Acquired: 797 shares ($44,608) and 289 shares ($16,175).
- Disposed (tax withholding): 391 shares ($21,884) and 142 shares ($7,948).
- Shares owned after transaction: filing does not state total common shares owned; footnote indicates the Reporting Person has 10,831 RSUs outstanding (see footnote F2).
- Notable footnotes:
- F4: 797 shares were earned on PSUs granted Feb 23, 2023 and fully vested Feb 18, 2026 after committee certification.
- F1 & F3: 391 and 142 shares were withheld to satisfy tax withholding related to the PSU vesting and accrued dividend equivalents.
- F5: 289 shares reflect settlement of dividend equivalents related to the 2023 PSUs.
- F2: Details other outstanding RSUs and their grant/vesting schedules.
- Filing timeliness: Reported on Feb 20, 2026 for transactions on Feb 18, 2026 (filed within the normal Form 4 reporting window).
Context
- These transactions reflect compensation vesting and customary tax withholding (not a discretionary market sale or purchase). Such award settlements are routine and do not, by themselves, indicate a CEO/insider view on the company’s near-term prospects.
- For retail investors: purchases (open-market buys) tend to be more informative of insider sentiment than routine award vesting. Here, the net effect modestly increases the insider’s holdings.
Insider Transaction Report
Form 4
van der Laan Yvonne
EVP, Circular & Low Carbon Sol
Transactions
- Tax Payment
Class A Ordinary Shares
[F1][F2]2026-02-18$55.97/sh−391$21,884→ 13,834 total - Tax Payment
Class A Ordinary Shares
[F3][F2]2026-02-18$55.97/sh−142$7,948→ 13,692 total - Award
Class A Ordinary Shares
[F4][F2]2026-02-18$55.97/sh+797$44,608→ 14,489 total - Award
Class A Ordinary Shares
[F5][F2]2026-02-18$55.97/sh+289$16,175→ 14,778 total
Footnotes (5)
- [F1]Represents shares required to satisfy tax withholding obligations in connection with the vesting of 797 shares of performance-based stock units granted to the Reporting Person on February 23, 2023.
- [F2]Includes 10,831 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,595 granted on February 23, 2023 that vest on February 23, 2026; 1,400 granted on February 22, 2024 that vest on February 22, 2026; 1,400 granted on February 22, 2024 that vest on February 22, 2027; 2,146 granted on February 27, 2025 that vest on February 27, 2026; 2,145 granted on February 27, 2025 that vest on February 27, 2027 and 2,145 granted on February 27, 2025 that vest on February 27, 2028.
- [F3]Represents shares required to satisfy tax withholding obligations for dividend equivalents accrued of 289 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