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WESTLAKE CORP Director's Dealing 2025

Feb 24, 2025

30551_dirs_2025-02-24_73425bbb-b2d7-43e9-8d5a-5a962e88c95b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WESTLAKE CORP (WLK)
CIK: 0001262823
Period of Report: 2025-02-20

Reporting Person: Chao James (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-02-20 Common Stock A 16375 Acquired 61435 Direct
2025-02-21 Common Stock F 6554 $110.54 Disposed 54881 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-02-21 Employee Option (right to buy) $110.15 A 37172 Acquired 2035-02-21 Common Stock (37172) Direct
2025-02-21 Restricted Stock Units $ A 12322 Acquired Common Stock (12322) Direct

Footnotes

F1: Represents shares of common stock that vested on February 20, 2025, upon the determination by the Compensation Committee of the Issuer's Board of Directors of the satisfaction of performance criteria underlying an award of performance stock units ("PSUs") granted to the Reporting Person on February 18, 2022, under the terms of the Issuer's 2013 Omnibus Incentive Plan.

F2: Shares otherwise issuable were witheld to satisfy tax obligations arising out of vesting of the Reporting Person's PSUs.

F3: Weighted average price. These shares were sold in multiple transactions at prices ranging from $110.54 to $110.72, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.

F4: The stock options are excercisable in three installments of 33%, 33% and 34% on February 21, 2026, 2027 and 2028, respectively.

F5: Each restricted stock unit ("RSU") represents a contingent right to recieve one share of the Issuer's common stock.

F6: All of the RSUs will vest on February 21, 2028.