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Insider Trends: Westlake Chemical Sees 90 Days of Insider Buying Trend Scaling Back with Share Sale

05/11/2021 08:26

12:16 PM EDT, 05/11/2021 (MT Newswires) -- On May 10, 2021, Robert F Buesinger, EVP, Vinyl Products, reported a sale of 5,000 shares in Westlake Chemical (WLK) for $525,000. Buesinger, after the transactions defined in the SEC Form 4 filing, owns 8,217 shares of the company, with a market value, based on the prior-day closing price, of $843,064.

During the most recent 90-day period, previous to the date of this filing, there have been 37 insider transactions reported to the SEC for Westlake Chemical. These transactions came from the activities of 9 individual insiders that resulted in a net acquisition of 32,488 company shares. Relative to the preceding 90-day window of time, there were 3 transactions from 2 insiders that resulted in the net disposition of 5,924 shares.

This is lower than the average level of insider transactions in the 38-company Commodity Chemicals peer group over the last 90-day period. Activity in the peer group averaged 86.8 transactions per company, and disposition of 35,193 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1262823/000156761921009506/xslF345X03/doc1.xml

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