Insider Activity Spotlight: Westlake Corp’s Latest Dealings

Westlake’s latest filing shows senior executive Sz Szwejbka Scott Thomas purchasing 977 shares of common stock on 17 Feb 2026, coinciding with the vesting of a sizeable RSU grant. The transaction was executed at the market price of $94.53, a negligible shift from the closing price of $99.53 on that day. While the trade itself is modest—less than 1 % of the outstanding shares—it is part of a broader pattern of periodic buying and selling that has been observed across Westlake’s executive team.

What Does This Mean for Investors? Westlake’s share price has been on a mild downtrend in the short term (–3.57 % over the week), yet the company enjoys a robust 52‑week high of $114.75, suggesting resilience in a volatile materials sector. The negative P/E of –13.17 indicates earnings pressure, a theme echoed in recent analyst reports. In this context, insiders buying shares may signal confidence in a potential turnaround—whether through product diversification, new distribution agreements, or cost‑control initiatives. Conversely, the simultaneous sale of a large portion of RSUs to cover taxes (295 shares on 18 Feb) is routine and unlikely to weigh heavily on share valuation.

Thomas’s Transaction History – A Pattern of Strategic Participation Thomas’s recent trading activity is consistent with a long‑term commitment to Westlake. In October 2025, he sold 3,842 shares at $76.70 after a 10,840‑share purchase, then rebought 10,840 shares in the same filing—an “offset” transaction that maintains his stake while adjusting exposure. Earlier, in April 2025, he purchased 8,551 RSUs, reflecting an appreciation of the company’s long‑term prospects. Overall, Thomas has alternated between buying and selling but has kept his net ownership above 16,000 shares, signaling a belief that Westlake’s diversified portfolio can weather the sector’s cyclical swings.

Company‑Wide Insider Dynamics The recent wave of insider trades extends beyond Thomas. Executives such as Holy Jeffrey Adam, Ederington L. Benjamin, and Chao Albert have each completed three buy‑sell cycles, typically buying in the low‑hundreds of shares and selling in the high‑hundreds, often at or near the current market price. These patterns suggest a routine tax‑planning exercise rather than a signal of impending distress or confidence. However, the sheer volume of trading—over 70 k shares traded by Chao Albert alone—highlights the liquidity of the insider pool and underscores the need for investors to monitor for potential clustering of large transactions that could precede market moves.

Bottom Line for Investors While Thomas’s recent purchase does not constitute a dramatic shift in ownership, it reinforces a broader insider conviction in Westlake’s strategic initiatives. Given the company’s emphasis on expanding product lines and geographic reach, along with a historical pattern of balanced buying and selling among executives, the market should view this trade as a routine component of insider financial management. Investors should, however, remain alert to upcoming earnings reports and sector trends that could alter the company’s valuation trajectory.

DateOwnerTransaction TypeSharesPrice per ShareSecurity
2026-02-17Szwejbka Scott Thomas (SVP, HIP Segment Head)Buy977.00N/ACommon Stock
2026-02-18Szwejbka Scott Thomas (SVP, HIP Segment Head)Sell295.0098.95Common Stock
2026-02-17Szwejbka Scott Thomas (SVP, HIP Segment Head)Sell977.00N/ARestricted Stock Units
2026-02-17Holy Jeffrey Adam (VP and CAO)Buy706.00N/ACommon Stock
2026-02-18Holy Jeffrey Adam (VP and CAO)Sell213.0098.95Common Stock
2026-02-17Holy Jeffrey Adam (VP and CAO)Sell706.00N/ARestricted Stock Units
2026-02-17Ederington L. Benjamin (EVP, Legal & External Affairs)Buy3,809.00N/ACommon Stock
2026-02-18Ederington L. Benjamin (EVP, Legal & External Affairs)Sell978.0098.95Common Stock
2026-02-17Ederington L. Benjamin (EVP, Legal & External Affairs)Sell3,809.00N/ARestricted Stock Units
2026-02-17Chao James (Senior Chairman)Buy10,382.00N/ACommon Stock
2026-02-18Chao James (Senior Chairman)Sell2,664.0098.95Common Stock
2026-02-17Chao James (Senior Chairman)Sell10,382.00N/ARestricted Stock Units
2026-02-17Chao John Tsung-chen ()Buy570.00N/ACommon Stock
2026-02-18Chao John Tsung-chen ()Sell242.0098.95Common Stock
2026-02-17Chao John Tsung-chen ()Sell570.00N/ARestricted Stock Units
2026-02-17Chao Albert (Executive Chairman)Buy16,555.00N/ACommon Stock
2026-02-18Chao Albert (Executive Chairman)Sell5,089.0098.95Common Stock
2026-02-17Chao Albert (Executive Chairman)Sell16,555.00N/ARestricted Stock Units
2026-02-17Buesinger Robert F. (EVP, PEM Segment Head)Buy3,478.00N/ACommon Stock
2026-02-18Buesinger Robert F. (EVP, PEM Segment Head)Sell903.0098.95Common Stock
2026-02-17Buesinger Robert F. (EVP, PEM Segment Head)Sell3,478.00N/ARestricted Stock Units
2026-02-17Bender Mark Steven (EVP & CFO)Buy4,751.00N/ACommon Stock
2026-02-18Bender Mark Steven (EVP & CFO)Sell1,209.0098.95Common Stock
2026-02-17Bender Mark Steven (EVP & CFO)Sell4,751.00N/ARestricted Stock Units