New insider Szwejbka Scott Thomas claimed ownership of 5,819 shares (SEC Form 3)
$WLK
Major Chemicals
Industrials
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 04/11/2025 |
3. Issuer Name and Ticker or Trading Symbol
WESTLAKE CORP [ WLK ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 5,819 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Employee Option (right to buy) | (1) | 02/18/2032 | Common Stock | 1,193 | $108.1175 | D | |
| Restricted Stock Units | (2) | (2) | Common Stock | 10,840 | (10) | D | |
| Employee Option (right to buy) | (3) | 02/17/2033 | Common Stock | 1,788 | $122.65 | D | |
| Restricted Stock Units | (4) | (4) | Common Stock | 977 | (10) | D | |
| Employee Option (right to buy) | (5) | 02/16/2034 | Common Stock | 2,389 | $144.485 | D | |
| Restricted Stock Units | (6) | (6) | Common Stock | 863 | (10) | D | |
| Employee Option (right to buy) | (7) | 02/21/2035 | Common Stock | 4,104 | $110.15 | D | |
| Restricted Stock Units | (8) | (8) | Common Stock | 1,381 | (10) | D | |
| Restricted Stock Units | (9) | (9) | Common Stock | 1,360 | (10) | D | |
| Explanation of Responses: |
| 1. On February 18, 2022 the reporting person was granted 3,506 stock options excercisable in three installments of 33%, 33% and 34% on February 18, 2023, 2024 and 2025, respectively. |
| 2. All of these restricted stock units will vest October 1, 2025. |
| 3. On February 17, 2023 the reporting person was granted 2,668 stock options excercisable in three installments of 33%, 33% and 34% on February 17, 2024, 2025 and 2026, respectively. |
| 4. All of these restricted stock units will vest February 17, 2026. |
| 5. On February 16, 2024 the reporting person was granted 2,389 stock options excercisable in three installments of 33%, 33% and 34% on February 16, 2025, 2026 and 2027, respectively. |
| 6. All of these restricted stock units will vest February 16, 2027. |
| 7. On February 21, 2025 the reporting person was granted 4,104 stock options excercisable in three installments of 33%, 33% and 34% on February 21, 2026, 2027 and 2028, respectively. |
| 8. All of these restricted stock units will vest July 1, 2027 |
| 9. All of these restricted stock units will vest February 21, 2028. |
| 10. Each restricted stock unit represents a contingent right to recieve one share of the Issuer's common stock. |
| Scott Thomas Szwejbka by J. Feng, POA | 04/14/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||