van der Laan Yvonne 4

What Happened Yvonne van der Laan, EVP, Circular & Low Carbon Solutions at LyondellBasell (LYB), had restricted stock units (RSUs) automatically vest on February 22 and February 23, 2026. To satisfy tax withholding obligations the issuer withheld 686 shares on Feb 22 at $56.67 ($38,876) and 782 shares on Feb 23 at $56.66 ($44,308), for a total of 1,468 shares withheld and $83,184 in cash value. These transactions are tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-02-22: 686 shares withheld @ $56.67 = $38,876 (F; tax withholding on RSU vesting)
  • 2026-02-23: 782 shares withheld @ $56.66 = $44,308 (F; tax withholding on RSU vesting)
• RSU vesting reported:
  • Feb 22, 2026 vesting: 1,400 RSUs vested (F1); 686 withheld for taxes.
  • Feb 23, 2026 vesting: 1,595 RSUs vested (F3); 782 withheld for taxes.
• Shares owned after transaction: the filing’s footnote (F4) lists 7,836 RSUs outstanding under the long‑term incentive plan; footnote F2 lists aggregate granted RSUs of 9,431 with specific vesting schedules—see footnotes for grant/vesting details.
• Filing: Form 4 filed 2026-02-24 reporting transactions through 2026-02-23; appears timely.
• Transaction code: F = shares withheld to satisfy tax withholding (cashless/withholding settlement), not a discretionary sale.

Context These entries reflect routine tax-withholding on automatic RSU vesting (a common cashless settlement process) rather than an intentional sale for investment purposes. For retail investors, such withholdings generally do not signal management’s view on the company’s stock — they are administrative actions to cover taxes when equity awards vest.