A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 8 filings in this group are Form 4s for Westlake Chemical Partners LP.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 8 insider filings shown, the breakdown is 3 compensation award, 3 option exercise and 2 open-market purchase. 2 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Compensation award
Tax / Compensation Filing
2026-08-13
WLKP insider Form 4 filed for equity award, exercise, or tax withholding
WOELFEL RANDY (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Units
|
5,044 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: WOELFEL RANDY (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-08-13
WLKP insider Form 4 filed for equity award, exercise, or tax withholding
FINLEY G STEPHEN (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Units
|
5,044 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: FINLEY G STEPHEN (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-08-13
WLKP insider Form 4 filed for equity award, exercise, or tax withholding
Friel Lisa A. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Phantom Units
|
5,044 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Friel Lisa A. (Director)
Form 4
Option exercise
Tax / Compensation Filing
2026-08-07
WLKP insider Form 4 filed for equity award, exercise, or tax withholding
Friel Lisa A. (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
5,005 |
— |
— |
D |
Disposition to issuer
|
2,502 |
$21.35 |
$53.4K |
M |
Option exercise
derivative · Phantom Units
|
5,005 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Friel Lisa A. (Director)
Shares: 7,507
Form 4
Option exercise
Tax / Compensation Filing
2026-08-07
WLKP insider Form 4 filed for equity award, exercise, or tax withholding
WOELFEL RANDY (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
5,005 |
— |
— |
D |
Disposition to issuer
|
5,005 |
$21.35 |
$106.9K |
M |
Option exercise
derivative · Phantom Units
|
5,005 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: WOELFEL RANDY (Director)
Shares: 10,010
Form 4
Option exercise
Tax / Compensation Filing
2026-08-07
WLKP insider Form 4 filed for equity award, exercise, or tax withholding
FINLEY G STEPHEN (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
The insider converted options into shares. The exercise price was fixed when the options were granted, so the timing usually tracks an expiry schedule.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
5,005 |
— |
— |
M |
Option exercise
derivative · Phantom Units
|
5,005 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: FINLEY G STEPHEN (Director)
Shares: 5,005
Form 4
Open-market purchase
Insider Buying
2025-08-29
WLKP insider Gilson Jean-Marc (Director, President and CEO) bought 95 shares (~$2.0K)
Gilson Jean-Marc, listed as Director, President and CEO at Westlake Chemical Partners LP, reported an open-market purchase of 95 WLKP shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
95 |
$21.25 |
$2.0K |
Filing: Form 4 (Insider Transaction)
Insider: Gilson Jean-Marc (Director, President and CEO)
Shares: 95
Est. Value: $2.0K
Form 4
Open-market purchase
Insider Buying
2025-08-28
WLKP insider Gilson Jean-Marc (Director, President and CEO) bought 7,459 shares (~$163.6K)
Gilson Jean-Marc, listed as Director, President and CEO at Westlake Chemical Partners LP, reported an open-market purchase of 7,459 WLKP shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
84 |
$23.57 |
$2.0K |
P |
Open-market purchase
|
82 |
$24.75 |
$2.0K |
P |
Open-market purchase
|
93 |
$22.20 |
$2.1K |
P |
Open-market purchase
|
4,700 |
$21.84 |
$102.7K |
P |
Open-market purchase
|
1,250 |
$21.86 |
$27.3K |
P |
Open-market purchase
|
1,250 |
$22.02 |
$27.5K |
Filing: Form 4 (Insider Transaction)
Insider: Gilson Jean-Marc (Director, President and CEO)
Shares: 7,459
Est. Value: $163.6K