Westlake Corp Files 2025 DEF 14A: Executive Comp Details

Ticker: WLK · Form: DEF 14A · Filed: 2025-03-28T00:00:00.000Z

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.

From the Filing

0001193125-25-066316.txt : 20250328 0001193125-25-066316.hdr.sgml : 20250328 20250328082312 ACCESSION NUMBER: 0001193125-25-066316 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 29 CONFORMED PERIOD OF REPORT: 20250508 FILED AS OF DATE: 20250328 DATE AS OF CHANGE: 20250328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTLAKE CORP CENTRAL INDEX KEY: 0001262823 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 760346924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-32260 FILM NUMBER: 25781577 BUSINESS ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 BUSINESS PHONE: 713-960-9111 MAIL ADDRESS: STREET 1: 2801 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77056 FORMER COMPANY: FORMER CONFORMED NAME: WESTLAKE CHEMICAL CORP DATE OF NAME CHANGE: 20030908 DEF 14A 1 d827943ddef14a.htm DEF 14A DEF 14A DEF 14A false 0001262823 0001262823 2024-01-01 2024-12-31 0001262823 2023-01-01 2023-12-31 0001262823 2022-01-01 2022-12-31 0001262823 2021-01-01 2021-12-31 0001262823 2020-01-01 2020-12-31 0001262823 wlk:JeanMarcGilsonMember 2020-01-01 2020-12-31 0001262823 wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 wlk:StockAwardsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 wlk:OptionAwardsMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2020-01-01 2020-12-31 0001262823 wlk:StockAwardsMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 wlk:OptionAwardsMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember wlk:AlbertChaoMember 2020-01-01 2020-12-31 0001262823 wlk:JeanMarcGilsonMember 2021-01-01 2021-12-31 0001262823 wlk:AlbertChaoMember 2021-01-01 2021-12-31 0001262823 wlk:OptionAwardsMember ecd:PeoMember wlk:AlbertChaoMember 2021-01-01 2021-12-31 0001262823 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember wlk:AlbertChaoMember 2021-01-01 2021-12-31 0001262823 wlk:StockAwardsMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001262823 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001262823 ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0001262823 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:NonPeoNeoMember 2021-01-01 2021-12-31 0