WLK 8-K SEC Filing Analysis

Latest settled — T+20d

WLK ▼ -20.77% at T+20d

NEUTRAL call ✗ call lost -20.77% · α vs SPY -25.69% · entry $115.44 → $91.46

Next anchor: T+60d in 5w

Last close $85.26 (close Jun 8) · -26.14% from $115.44 entry

Entry anchored
Apr 20, 03:59 PM ET
via Databento tick

T+1d

-1.58%

call -1.58% · α -2.60%

$113.62

settled 7w ago

T+5d

-4.65%

call -4.65% · α -5.74%

$110.07

settled 6w ago

T+20d

-20.77%

call -20.77% · α -25.69%

$91.46

settled 23d ago

T+60d

—

call — · α —

—

in 5w

Price Chart

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Executive Summary

Westlake Corporation appointed Jonathan H. Baksht as Senior Vice President and Chief Financial Officer, effective June 15, 2026. He succeeds M. Steven Bender, who will retire after 21 years and transition to Special Advisor. The move follows a contested proxy fight, adding scrutiny to the leadership transition.

Actionable Insight

Monitor upcoming earnings calls for Baksht's strategic direction and capital allocation priorities. The contested proxy fight context suggests heightened investor scrutiny—watch for changes in governance or capital return policies.

Key Facts

Jonathan H. Baksht appointed CFO effective June 15, 2026
Baksht receives $200,000 sign-on cash award and $1.8M in RSUs vesting in 2029
Base salary set at $832,000 with 90% target bonus and 275% long-term incentive target
Outgoing CFO M. Steven Bender retiring after 21 years, transitioning to Special Advisor
Appointment announced via Regulation FD disclosure (Item 7.01)
Follows contested proxy fight (DEFA14A filed 18 days prior)

Financial Impact

Approximately $2.0M in initial compensation (cash + RSUs) for new CFO

compensation expenseshare dilution

Risk Factors

Leadership transition risk during integration period
Potential strategic shift under new CFO following proxy contest
RSU vesting creates retention dependency through 2029

Market Snapshot

Exchange

NYSE

Sector

Industrial Organic Chemicals

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

Document	Accession Number
8-K Filing (Primary)	0001193125-26-164225
Document: d28569dex991.htm	0001193125-26-164225
Document: 0001193125-26-164225-index-headers.html	0001193125-26-164225
Document: 0001193125-26-164225-index.html	0001193125-26-164225
Document: 0001193125-26-164225.txt	0001193125-26-164225

9 reports for WLK

T+1T+5T+20T+60

100% Hit rate 3 of 3 directional calls best @ T+20▲ +17.21%Apr 14, 2026

Filters

Reports for WLK — sortable, filterable
	Type				Now
May 5, 2026 5w ago	8-K BEARISH ★ 7/10	$104.29 $86.83	▲ +16.74%	▲ +21.70%	$85.26 (+18.25%)
Apr 20, 2026 7w ago	8-K NEUTRAL ★ 4/10	$115.44 $91.46	▼ −20.77%	▼ −25.69%	$85.26 (−26.14%)
Apr 14, 2026 8w ago	8-K BEARISH ★ 7/10	$117.84 $97.56	▲ +17.21%	▲ +23.51%	$85.26 (+27.65%)
Apr 6, 2026 9w ago	8-K NEUTRAL ★ 4/10	$119.51 $114.07	▼ −4.55%	▼ −13.53%	$85.26 (−28.66%)
Apr 2, 2026 9w ago	8-K NEUTRAL ★ 3/10	$119.21 $115.28	▼ −3.30%	▼ −13.17%	$85.26 (−28.48%)
Apr 2, 2026 9w ago	DEFA14A NEUTRAL ★ 3/10	$119.21 $115.28	▼ −3.30%	▼ −13.17%	$85.26 (−28.48%)
Mar 30, 2026 10w ago	144 NEUTRAL ★ 2/10	$116.82 $111.83	▼ −4.27%	▼ −13.69%	$85.26 (−27.02%)
Mar 27, 2026 10w ago	144 NEUTRAL ★ 3/10	$116.00 $110.07	▼ −5.11%	▼ −17.71%	$85.26 (−26.50%)
Mar 27, 2026 10w ago	Insider Cluster BEARISH ★ 6/10	$113.29 $110.64	▲ +2.34%	▲ +15.08%	$85.26 (+24.74%)

US Market Status

Market Closed — Opens in 7h 20m

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