17,247-share RSU grant to LyondellBasell (LYB) EVP Aaron Ledet detailed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president Aaron J. Ledet reported equity compensation and related tax withholding activity. He received a grant of 17,247 Class A Ordinary Share restricted stock units at no cost, which vest in three equal annual installments starting on February 28, 2027. Separately, 609 shares were withheld on February 27, 2026 to cover tax obligations when 2,497 previously granted restricted stock units vested. Following these transactions, his directly held and RSU-based ownership totaled 31,713.5326 shares, including 23,473 restricted stock units scheduled to vest between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ledet Aaron J
Role
EVP, I&D & Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 17,247 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 609 | $57.52 | $35K |
Holdings After Transaction:
Class A Ordinary Shares — 31,713.533 shares (Direct)
Footnotes (1)
- On February 27, 2026 the reporting person's restricted stock units automatically vested 2,497 shares. 609 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Includes 6,226 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,232 granted on February 22, 2024 that vest on February 22, 2027; 2,497 granted on February 27, 2025 that vest on February 26, 2027 and 2,497 granted on February 27, 2025 that vest on February 26, 2028. Includes 23,473 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 1,232 granted on February 22, 2024 that vest on February 22, 2027; 2,497 granted on February 27, 2025 that vest on February 26, 2027 and 2,497 granted on February 27, 2025 that vest on February 26, 2028. The 17,247 RSUs reported on this Form 4 vest as follows: 5,749 vest on February 28, 2027, 5,749 vest on February 28, 2028 and 5,749 vest on February 28, 2029.
FAQ
What insider transactions did LYB executive Aaron J. Ledet report?
Aaron J. Ledet reported a grant of 17,247 Class A Ordinary Share restricted stock units and a withholding of 609 shares for taxes. The tax withholding related to the vesting of 2,497 previously granted restricted stock units under LyondellBasell’s long-term incentive plan.
How many restricted stock units did LYB grant to Aaron J. Ledet?
LyondellBasell granted Aaron J. Ledet 17,247 restricted stock units tied to Class A Ordinary Shares. These units vest in three equal tranches of 5,749 each on February 28, 2027, February 28, 2028, and February 28, 2029, subject to the plan’s terms.
How do the new LYB RSUs granted to Aaron J. Ledet vest over time?
The 17,247 newly granted restricted stock units vest in three equal installments. Specifically, 5,749 units vest on February 28, 2027, another 5,749 on February 28, 2028, and the final 5,749 on February 28, 2029, assuming continued eligibility.