Westlake Corp Files 2025 DEF 14A: Executive Comp Details
Ticker: WLK · Form: DEF 14A · Filed: Mar 28, 2025 · CIK: 1262823
| Field | Detail |
|---|---|
| Company | Westlake Corp (WLK) |
| Form Type | DEF 14A |
| Filed Date | Mar 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: WLK
TL;DR
Westlake Corp's 2025 DEF 14A is out, detailing exec pay and equity awards for past years.
AI Summary
Westlake Corp filed its DEF 14A on March 28, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and corporate governance matters. Key figures related to compensation for individuals like Jean Marc Gilson and Albert Chao for the fiscal year 2020 are included, alongside changes in the fair value of outstanding equity awards.
Why It Matters
This filing provides shareholders with crucial information regarding how executive compensation is structured and approved, impacting corporate governance and investor confidence.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) that primarily discloses executive compensation and governance information, not typically indicative of immediate operational or financial risk.
Key Numbers
- 2020 — Fiscal Year for Compensation Data (Specific compensation details are provided for this year.)
- 2024-12-31 — Fiscal Year End (The reporting period for the filing.)
Key Players & Entities
- WESTLAKE CORP (company) — Filer
- Jean Marc Gilson (person) — Executive Compensation Subject
- Albert Chao (person) — Executive Compensation Subject
- 2024-12-31 (date) — Fiscal Year End
- 20250328 (date) — Filing Date
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.
When is Westlake Corp's fiscal year end?
Westlake Corp's fiscal year ends on December 31st.
Who are some individuals mentioned in relation to compensation data in this filing?
Jean Marc Gilson and Albert Chao are mentioned in the context of compensation data for the fiscal year 2020.
What type of financial data related to awards is discussed?
The filing discusses changes in the fair value of outstanding and unvested equity awards granted in prior years, as well as awards vested in the covered year.
What is the filing date for this DEF 14A?
This DEF 14A filing was made on March 28, 2025.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 28, 2025 by Jean Marc Gilson regarding WESTLAKE CORP (WLK).