LyondellBasell Industries N.V.·4

Apr 17, 4:02 PM ET

Izquierdo Sabido Agustin 4

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LyondellBasell (LYB) CFO Agustin Izquierdo Withholds 45 Shares

What Happened Agustin Izquierdo Sabido, Chief Financial Officer of LyondellBasell (LYB), had 182 restricted stock units (RSUs) automatically vest on April 15, 2026. To satisfy tax withholding obligations, the issuer withheld 45 of those shares (disposed) at $73.13 per share, totaling $3,291. The remaining 137 vested shares were issued to the reporting person.

Key Details

  • Transaction date: April 15, 2026; filing date: April 17, 2026 (filed within the typical 2-business-day window for Form 4s).
  • Withheld shares: 45 shares at $73.13/share; total value withheld $3,291. (Transaction code F = tax withholding.)
  • Vesting: 182 RSUs vested on April 15, 2026; net delivered to insider = 137 shares after withholding.
  • RSU holdings: Footnote indicates the reporting person has 26,216 RSUs granted under the company’s long-term incentive plan with various future vesting dates (grants from 2024–2026 vesting through 2029).
  • No indication of a market sale beyond tax withholding; this is a routine cashless withholding to cover tax liabilities.

Context This was an RSU vesting event with shares withheld for taxes (a routine administrative action), not an open-market sale or purchase that signals a trading decision. For RSU vesting, companies commonly withhold a portion of shares to meet tax obligations; such withholdings do not necessarily indicate the insider’s view on the stock.