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LyondellBasell Industries N.V.·4

Feb 20, 5:22 PM ET

van der Laan Yvonne 4

Research Summary

AI-generated summary

Updated

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.