What is Will W. Anthony’s CF (CF Industries) share ownership after these transactions?

After the reported transactions, Will W. Anthony directly owned 258,283 shares of CF Industries common stock. This figure reflects the combination of award shares received, shares surrendered for taxes, and multiple open-market sales during February 27 and March 2, 2026.

At what prices were Will W. Anthony’s CF (CF Industries) share sales executed?

The reported sales of CF Industries stock by Will W. Anthony used weighted average prices. According to the filing footnotes, individual trades occurred in multiple transactions, with prices ranging from $99.0000 to $107.1600 per share across the reported sale dates.

CF Industries (NYSE: CF) ex-CEO unloads 237,416 common shares

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

CF Industries Holdings director and former President & CEO Will W. Anthony reported a net sale of 237,416 shares of common stock. On February 27, 2026, he received 40,647 shares as a performance restricted stock unit award and surrendered 18,007 shares to cover tax withholding.

Also on February 27 and on March 2, 2026, he executed open-market sales totaling 237,416 shares at weighted average prices ranging from $99.0000 to $107.1600 per share. Following these transactions, he directly owned 258,283 shares of CF Industries common stock.

Insider Trade Summary

Net Seller: 237,416 shares ($24,365,179)

Net Sell 8 txns

Insider Will W Anthony

Role Director

Sold 237,416 shs ($24.37M)

Type	Security	Shares	Price	Value
Sale	Common stock, par value $0.01 per share	44,344	$103.6053	$4.59M
Sale	Common stock, par value $0.01 per share	45,870	$105.5189	$4.84M
Sale	Common stock, par value $0.01 per share	44,104	$106.5862	$4.70M
Sale	Common stock, par value $0.01 per share	1,950	$107.0377	$209K
Sale	Common stock, par value $0.01 per share	100,000	$99.0635	$9.91M
Sale	Common stock, par value $0.01 per share	1,148	$100.0022	$115K
Grant/Award	Common stock, par value $0.01 per share	40,647	$0.00	--
Tax Withholding	Common stock, par value $0.01 per share	18,007	$99.54	$1.79M

Holdings After Transaction: Common stock, par value $0.01 per share — 350,207 shares (Direct)

Footnotes (1)

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.0000 to $99.3100, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.0000 to $100.0100, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range. Reflects shares of common stock earned pursuant to a performance restricted stock unit (PRSU) award granted in 2023, as determined by the Compensation and Management Development Committee based on pre-established performance metrics for the three-year performance period ended December 31, 2025. The reporting person surrendered shares of common stock to the company in order to fulfill tax withholding obligations upon the vesting of performance restricted stock units (PRSUs). The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.3700 to $104.0300, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.0000 to $105.9900, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.0000 to $106.9700, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.0000 to $107.1600, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 04:21 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Will W Anthony

(Last)

(First)

(Middle)

C/O CF INDUSTRIES HOLDINGS, INC.

2375 WATERVIEW DRIVE

(Street)

NORTHBROOK

60062

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CF Industries Holdings, Inc. [ CF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Former President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock, par value $0.01 per share	02/27/2026		S		100,000	D	$99.0635⁽¹⁾	373,059	D
Common stock, par value $0.01 per share	02/27/2026		S		1,148	D	$100.0022⁽²⁾	371,911	D
Common stock, par value $0.01 per share	02/27/2026		A		40,647⁽³⁾	A	$0	412,558	D
Common stock, par value $0.01 per share	02/27/2026		F		18,007⁽⁴⁾	D	$99.54	394,551	D
Common stock, par value $0.01 per share	03/02/2026		S		44,344	D	$103.6053⁽⁵⁾	350,207	D
Common stock, par value $0.01 per share	03/02/2026		S		45,870	D	$105.5189⁽⁶⁾	304,337	D
Common stock, par value $0.01 per share	03/02/2026		S		44,104	D	$106.5862⁽⁷⁾	260,233	D
Common stock, par value $0.01 per share	03/02/2026		S		1,950	D	$107.0377⁽⁸⁾	258,283	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.0000 to $99.3100, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.0000 to $100.0100, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

3. Reflects shares of common stock earned pursuant to a performance restricted stock unit (PRSU) award granted in 2023, as determined by the Compensation and Management Development Committee based on pre-established performance metrics for the three-year performance period ended December 31, 2025.

4. The reporting person surrendered shares of common stock to the company in order to fulfill tax withholding obligations upon the vesting of performance restricted stock units (PRSUs).

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.3700 to $104.0300, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.0000 to $105.9900, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.0000 to $106.9700, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.0000 to $107.1600, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

	/s/ Michael P. McGrane, by power of attorney	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did CF (CF Industries Holdings) disclose for Will W. Anthony?

CF Industries reported that director and former President & CEO Will W. Anthony had multiple insider transactions, including a net sale of 237,416 common shares and an equity award of 40,647 shares, along with 18,007 shares surrendered to cover tax withholding obligations.

How many CF (CF Industries) shares did Will W. Anthony sell in this Form 4?

The Form 4 shows Will W. Anthony sold a total of 237,416 CF Industries common shares in open-market transactions. These sales occurred on February 27, 2026, and March 2, 2026, at weighted average prices between $99.0000 and $107.1600 per share.

What equity award did Will W. Anthony receive from CF (CF Industries) in this filing?

Will W. Anthony received 40,647 CF Industries common shares, earned from a performance restricted stock unit award granted in 2023. The award was based on pre-established performance metrics for the three-year period ending December 31, 2025, as determined by the Compensation and Management Development Committee.

Why were some CF (CF Industries) shares surrendered by Will W. Anthony?

The Form 4 states Will W. Anthony surrendered 18,007 shares of CF Industries common stock to the company. This surrender was to satisfy tax withholding obligations that arose when performance restricted stock units vested and converted into common shares.