What specific stock transactions did Albert Chao undertake on August 11, 2026, and what were the financial details?

On August 11, 2026, Westlake Corp Executive Chairman Albert Chao exercised 38,873 employee stock options at $61.865 per share and immediately sold all 38,873 resulting common shares in open-market transactions; the shares were sold in two blocks at weighted average prices of $79.70 and $80.42, generating approximately $3.12 million in gross sale proceeds.

How many shares does Albert Chao hold directly after these transactions, and what was his ownership status before and after?

After completing the option exercise and subsequent sale on August 11, 2026, Albert Chao directly holds 642,880 shares of Westlake Chemical Corporation common stock; the news provides no information about his pre-transaction shareholding count, only confirming the post-transaction total.

Westlake Corp Chair Albert Chao Exercises Options and Sells Shares

Aug 12, 2026

Westlake Chemical Executive Chairman Albert Chao exercised 38,873 employee stock options and sold all resulting shares for approximately $3.12 million on August 11, 2026.

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