CF Industries (NYSE: CF) EVP Susan Menzel updates insider share holdings

Rhea-AI Filing Summary

CF Industries Holdings, Inc. executive Susan L. Menzel, EVP and Chief Administrative Officer, reported two transactions in the company’s common stock. On January 5, 2026, she disposed of 1,851 shares at a price of $80.26 per share. On January 6, 2026, she acquired 7,687 shares at a price of $0.00 per share. After these transactions, she directly beneficially owned 91,076 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

OMB APPROVAL

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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^*

Menzel Susan L

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and Chief Admin. Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

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	01/05/2026		F		1,851	D	$80.26	83,389	D
Common stock, par value $0.01 per share	01/06/2026		A		7,687	A	$0	91,076	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:

	/s/ Michael P. McGrane, by power of attorney	01/07/2026
	** 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 transactions did CF (CF Industries) report for Susan L. Menzel?

EVP and Chief Administrative Officer Susan L. Menzel reported disposing of 1,851 shares of CF Industries common stock on January 5, 2026 and acquiring 7,687 shares on January 6, 2026.

How many CF Industries (CF) shares does Susan L. Menzel own after these Form 4 transactions?

Following the reported transactions, Susan L. Menzel directly beneficially owned 91,076 shares of CF Industries common stock.

What prices were reported for Susan L. Menzel’s CF Industries stock transactions?

On January 5, 2026, 1,851 shares were reported at $80.26 per share. On January 6, 2026, 7,687 shares were reported at a price of $0.00 per share.

What is Susan L. Menzel’s role at CF Industries (CF) as shown in this Form 4?

Susan L. Menzel is listed as an officer of CF Industries Holdings, Inc., serving as EVP and Chief Admin. Officer.

Are the CF Industries (CF) Form 4 transactions reported by Susan L. Menzel direct or indirect holdings?

Both reported holdings are listed as direct ownership of CF Industries common stock by Susan L. Menzel.

On what dates did the reported CF Industries (CF) insider transactions occur?

The transactions reported by Susan L. Menzel occurred on January 5, 2026 and January 6, 2026.