Retiring CF Industries (NYSE: CF) ex-CEO reports grants, forfeitures and gift

Rhea-AI Filing Summary

CF Industries director and former President & CEO Will W. Anthony reported retirement-related stock transactions. On March 15, 2026, he received 96,858 shares of common stock as a grant tied to vested performance restricted stock units, and disposed of 33,155 shares back to the company through forfeited restricted stock units. On March 17, 2026, he made a bona fide gift of 17,654 shares of common stock. After these transactions, he directly holds 101,044 shares of CF Industries common stock.

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

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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)
03/15/2026

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	03/15/2026		D		33,155(1)	D	$0	21,840	D
Common stock, par value $0.01 per share	03/15/2026		A		96,858(2)	A	$0	118,698	D
Common stock, par value $0.01 per share	03/17/2026		G		17,654	D	$0	101,044	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. In connection with his retirement from the Company on March 15, 2026, the reporting person forfeited 10,754 of his restricted stock units granted in 2024 and 22,401 of his restricted stock units granted in 2025.

2. In connection with his retirement from the Company on March 15, 2026, a pro-rata portion of the reporting person's outstanding performance restricted stock units (PRSUs) vested. The reporting person received 57,149 of his PRSUs granted in 2024, and 39,709 of his PRSUs granted in 2025.

	/s/ Michael P. McGrane, by power of attorney	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Will W. Anthony report at CF (CF) in March 2026?

Will W. Anthony reported three March 2026 transactions: a grant of 96,858 CF Industries shares, a disposition of 33,155 shares to the issuer tied to forfeited restricted stock units, and a bona fide gift transfer of 17,654 shares of common stock.

How is Will W. Anthony’s retirement reflected in this CF (CF) Form 4 filing?

The filing links his March 15, 2026 retirement to equity changes. He forfeited 10,754 restricted stock units from 2024 grants and 22,401 from 2025 grants, while 57,149 performance restricted stock units from 2024 and 39,709 from 2025 vested into common shares.

How many CF Industries (CF) shares did Will W. Anthony receive through vested PRSUs?

In connection with his March 15, 2026 retirement, he received 57,149 performance restricted stock units from 2024 grants and 39,709 from 2025 grants. Together, these vested awards resulted in 96,858 shares of CF Industries common stock being acquired as a grant or award.

What does the disposition to issuer mean in Will W. Anthony’s CF (CF) Form 4?

The disposition to issuer covers 33,155 CF Industries shares on March 15, 2026. Footnotes explain this reflects forfeiture of 10,754 restricted stock units from 2024 and 22,401 from 2025 in connection with his retirement, rather than an open-market sale.

How many CF Industries (CF) shares did Will W. Anthony gift, and when?

He made a bona fide gift of 17,654 CF Industries common shares on March 17, 2026. The transaction carried a reported price of $0.00 per share, indicating a gratuitous transfer with no sale proceeds, and was recorded as a non-derivative gift disposition.

What are Will W. Anthony’s CF Industries (CF) holdings after these transactions?

After the reported March 2026 transactions, Will W. Anthony directly holds 101,044 shares of CF Industries common stock. This figure comes from the Form 4’s post-transaction ownership field associated with his March 17, 2026 bona fide gift disposition entry.