How much did Albert Chao net from selling 38,873 shares of Westlake Corp stock, and what was the cost basis for those shares?

Albert Chao sold 38,873 shares of Westlake Corp (WLK) stock for approximately $3.12 million on August 11, 2026, having previously acquired the same number of shares by exercising employee stock options at a total cost of $2.40 million; therefore, his gross proceeds were $3.12 million, and his out-of-pocket cost basis was $2.40 million. Following these transactions, he directly holds 642,880 shares of Westlake Corp.

What is Albert Chao's current direct ownership stake in Westlake Corp after the August 11, 2026 share sale?

After selling 38,873 shares on August 11, 2026, Albert Chao directly holds 642,880 shares of Westlake Corp, as stated in the news body; no further details about percentage ownership, voting rights, or indirect holdings are provided in the text.

Westlake Corp Executive Chairman Albert Chao Sells $3.12 Million in Shares

Aug 11, 2026

Westlake Chemical Executive Chairman Albert Chao sold 38,873 shares worth approximately $3.12 million on August 11, 2026, following an employee stock option exercise.

Investing.com

Westlake Corp executive chairman Albert Chao sells $3.12 million in shares

Investing.com

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