CHAO ALBERT (President & CEO) exercised options at WESTLAKE CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/1/2023ACC: 0001209191-23-047915
DirectorOfficer10% Owner· President & CEO
Since Nov 2018
+19.99K
Net shares
Net buyer
$2.63M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
39.98K acquired · 19.99K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+19.99K
Price / share
$63.98
Trade value
$1.28M
% of position
3.8%
8/31/2023
520.15K→540.14K
Common Stock
Direct
Shares
−11.27K
Price / share
$131.20
Trade value
$1.48M
% of position
2.1%
8/31/2023
540.14K→528.86K
Common Stock
Direct
Shares
−8.40K
Price / share
$131.94
Trade value
$1.11M
% of position
1.6%
8/31/2023
528.86K→520.47K
Common Stock
Direct
Shares
−317.00
Price / share
$132.67
Trade value
$42.06K
% of position
0.1%
8/31/2023
520.47K→520.15K
Total
Net shares
+0.00
Net value
-$1.35M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/31/2023 | M · Option Exercise | +19.99K | $63.98 | $1.28M | 3.8% | 520.15K | 540.14K |
| Common Stock Direct | 8/31/2023 | D · Disposition | −11.27K | $131.20 | $1.48M | 2.1% | 540.14K | 528.86K |
| Common Stock Direct | 8/31/2023 | D · Disposition | −8.40K | $131.94 | $1.11M | 1.6% | 528.86K | 520.47K |
| Common Stock Direct | 8/31/2023 | D · Disposition | −317.00 | $132.67 | $42.06K | 0.1% | 520.47K | 520.15K |
| Total | +0.00 | -$1.35M | ||||||
Derivative Transactions1
Employee Option (right to buy)
Direct
Converts to
Common Stock
19.99K shares
Shares
+19.99K
Strike price
63.9775
Held after
0.00
Exercisable
—
8/31/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Option (right to buy) Direct | Common Stock19.99K shares | 8/31/2023 | M · Option Exercise | +19.99K | 63.9775 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned93.41M
Total
93.41M indirect93.41M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 93.41M | Indirect |
| Total | 93.41M | 93.41M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported