[Form 4] CF Industries Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

CF Industries Holdings, Inc. executive vice president and chief commercial officer Bert A. Frost reported an open-market sale of common stock. He sold 6,250 shares of CF common stock at a weighted average price of $136.6905 per share in transactions on March 12, 2026. Following this sale, he directly owns 75,472 shares of CF common stock, showing he continues to hold a significant equity position in the company. The shares were sold in multiple trades within a narrow price range between $136.6901 and $136.7000 per share.

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^*

Frost Bert A

(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, Chief Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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	03/12/2026		S		6,250	D	$136.6905(1)	75,472	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 $136.6901 to $136.7000, 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	03/13/2026
	** 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 CF (CF) report for Bert A. Frost?

CF reported that EVP and chief commercial officer Bert A. Frost sold 6,250 shares of common stock. The sale was an open-market transaction and is disclosed as a routine Form 4 insider trading report for transparency to shareholders and regulators.

At what price did Bert A. Frost sell CF (CF) shares?

Bert A. Frost sold 6,250 CF shares at a weighted average price of $136.6905 per share. Individual trades occurred in a narrow range between $136.6901 and $136.7000, reflecting typical execution across multiple transactions in the open market.

How many CF (CF) shares does Bert A. Frost hold after the sale?

After the reported sale, Bert A. Frost directly owns 75,472 shares of CF common stock. This post-transaction holding indicates he continues to maintain a substantial equity stake aligned with the company’s long-term performance and shareholder value.

What type of Form 4 transaction did CF (CF) disclose?

The Form 4 shows a non-derivative, open-market sale of CF common stock by an executive officer. The transaction code “S” identifies a sale, and the filing specifies it as an open-market or private transaction under standard SEC reporting rules.

Was the CF (CF) insider sale executed in a single trade or multiple trades?

The insider sale was executed in multiple trades rather than a single transaction. The filing notes a weighted average price and states shares were sold at prices between $136.6901 and $136.7000, which is typical of orders filled in several market executions.