CF Industries (CF) director and ex-CEO sells 64,273 shares of stock

Rhea-AI Filing Summary

CF Industries Holdings, Inc. director and former President & CEO Will W Anthony reported open-market sales of company common stock. On March 3, 2026, he sold 30,407 shares at a weighted average price of $108.782 per share and 33,866 shares at a weighted average price of $109.3179 per share, for total reported sales of 64,273 shares. After these transactions, his directly held ownership stood at 194,010 shares of CF Industries common stock.

Insider Trade Summary

Net Seller: 64,273 shares ($7,009,894)

Net Sell 2 txns

Insider Will W Anthony

Role Director

Sold 64,273 shs ($7.01M)

Type	Security	Shares	Price	Value
Sale	Common stock, par value $0.01 per share	30,407	$108.782	$3.31M
Sale	Common stock, par value $0.01 per share	33,866	$109.3179	$3.70M

Holdings After Transaction: Common stock, par value $0.01 per share — 227,876 shares (Direct)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.5000 to $108.9900, 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 $109.0000 to $109.5425, 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 →

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 IL 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)
03/03/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.01 per share	03/03/2026		S		30,407	D	$108.782(1)	227,876	D
Common stock, par value $0.01 per share	03/03/2026		S		33,866	D	$109.3179(2)	194,010	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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 $108.5000 to $108.9900, 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.0000 to $109.5425, 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	03/05/2026
	** 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.

FAQ

What insider transaction did Will W Anthony report for CF (Form 4)?

Will W Anthony reported selling CF Industries common stock in open-market transactions. He sold 30,407 shares at a weighted average price of $108.782 and 33,866 shares at $109.3179 on March 3, 2026, totaling 64,273 shares sold.

How many CF Industries shares did Will W Anthony sell and at what prices?

He sold a total of 64,273 CF Industries common shares. One block of 30,407 shares was sold at a weighted average price of $108.782, and another 33,866-share block was sold at a weighted average price of $109.3179 in open-market transactions.

What is Will W Anthony’s remaining CF share ownership after these sales?

Following the reported open-market sales, Will W Anthony directly holds 194,010 shares of CF Industries common stock. This figure reflects his remaining direct ownership after selling 64,273 shares in two separate transactions on March 3, 2026.

What role does Will W Anthony hold at CF Industries in this Form 4?

In this Form 4, Will W Anthony is identified as a director and noted as the former President & CEO of CF Industries Holdings, Inc. The reported transactions involve his directly owned common stock in the company, sold in open-market trades.

How were the transaction prices for Will W Anthony’s CF stock sales determined?

The reported prices are weighted average prices for multiple trades. One sale ranged from $108.5000 to $108.9900 per share, and the other from $109.0000 to $109.5425. Detailed per-trade pricing is available upon request to CF Industries or the SEC staff.

Were Will W Anthony’s CF stock sales direct or indirect holdings?

The Form 4 characterizes these holdings as direct. Both reported transactions list ownership as direct, indicating the common stock sold and the remaining 194,010 shares are directly owned by Will W Anthony, rather than through an intermediary entity.