What was the reported price related to CVR Energy (CVI) stock sales in this filing?

The filing reports a price of $33.98 per share for the common stock sold on December 10, 2025 , described as the average closing price of CVR Energy common stock for the 10 trading days immediately preceding the vest date.

CVR Energy (NYSE: CVI) CFO reports stock sales at $33.98 and 20,041 new incentive units

Q: What insider transaction did CVR Energy (CVI) report for its CFO?

The EVP & Chief Financial Officer of CVR Energy, Inc. reported exercising previously granted incentive units into common stock and selling the resulting shares on December 10, 2025 , while also receiving a new grant of incentive units on the same date.

Q: How many CVR Energy (CVI) shares were sold in the December 10, 2025 transactions?

The officer sold 5,077 , 6,607 , and 11,491 shares of CVR Energy common stock on December 10, 2025 , with each block reported at a sale price of $33.98 per share.

Q: What new incentive units were granted to the CVR Energy (CVI) CFO?

On December 10, 2025 , the officer was awarded 20,041 new Incentive Units as compensation for services. These units vest ratably in annual installments in December of each of the three years following the grant date, subject to the applicable award agreement.

Q: How do CVR Energy (CVI) incentive units work for this officer?

Each Incentive Unit generally represents the right to receive, upon vesting, either a cash payment equal to the average closing price of a share of CVR Energy common stock for the 10 trading days immediately preceding the vest date, or, for certain awards, one share of common stock or an equivalent cash amount, as determined by the Board or Compensation Committee.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

CVR Energy's EVP & Chief Financial Officer reported multiple incentive unit and stock transactions. On December 10, 2025, incentive units originally granted in prior years were exercised into common stock at an exercise price of $0 and the resulting shares were sold in open-market transactions at $33.98 per share. The transactions involved 5,077, 6,607, and 11,491 shares of common stock, with the beneficial ownership of common stock shown as zero afterward.

The filing also shows derivative activity in the form of incentive units. Previously granted incentive units tied to earlier awards were exercised, and a new award of 20,041 incentive units was granted on December 10, 2025. These incentive units generally vest in three annual installments and upon vesting entitle the officer to receive either cash based on the average closing price of CVR Energy common stock over the 10 trading days before vesting, or in some cases one share of common stock or an equivalent cash amount, as determined by the Board or Compensation Committee.

Insider Trade Summary

23,175 shares exercised/converted

Mixed 10 txns

Insider Neumann Dane J.

Role EVP & Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Incentive Units	5,077	$0.00	--
Exercise	Incentive Units	6,607	$0.00	--
Exercise	Incentive Units	11,491	$0.00	--
Grant/Award	Incentive Units	20,041	$0.00	--
Exercise	Common Stock	5,077	$0.00	--
Disposition	Common Stock	5,077	$33.98	$173K
Exercise	Common Stock	6,607	$0.00	--
Disposition	Common Stock	6,607	$33.98	$225K
Exercise	Common Stock	11,491	$0.00	--
Disposition	Common Stock	11,491	$33.98	$390K

Holdings After Transaction: Incentive Units — 0 shares (Direct); Common Stock — 5,077 shares (Direct)

Footnotes (1)

The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 14, 2022. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement. Each Incentive Unit reported herein represents the right to receive upon vesting, a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date. This price represents the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 13, 2023. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 11, 2024. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement. Each Incentive Unit reported herein represents the right to receive upon vesting, one share of CVR Energy, Inc. common stock or a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date, as determined by the Board or the Compensation Committee, as applicable, in its sole discretion. The Incentive Units expire immediately upon vest. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 10, 2025. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.

Form 4 Insider Transactions: What Each Field Means →

12/12/2025 - 04:25 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^*

Neumann Dane J.

(Last)

(First)

(Middle)

C/O CVR ENERGY, INC.

2277 PLAZA DRIVE, SUITE 500

(Street)

SUGAR LAND

77479

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CVR ENERGY INC [ CVI ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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⁽¹⁾	12/10/2025		M		5,077	A	$0⁽²⁾	5,077	D
Common Stock⁽¹⁾	12/10/2025		D		5,077	D	$33.98⁽³⁾	0	D
Common Stock⁽⁴⁾	12/10/2025		M		6,607	A	$0⁽²⁾	6,607	D
Common Stock⁽⁴⁾	12/10/2025		D		6,607	D	$33.98⁽³⁾	0	D
Common Stock⁽⁵⁾	12/10/2025		M		11,491	A	$0⁽⁶⁾	11,491	D
Common Stock⁽⁵⁾	12/10/2025		D		11,491	D	$33.98⁽³⁾	0	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)
Incentive Units⁽¹⁾	⁽²⁾	12/10/2025		M			5,077	⁽¹⁾	⁽⁷⁾	Common Stock	5,077	$0⁽²⁾	0	D
Incentive Units⁽⁴⁾	⁽²⁾	12/10/2025		M			6,607	⁽⁴⁾	⁽⁷⁾	Common Stock	6,607	$0⁽²⁾	6,607	D
Incentive Units⁽⁵⁾	⁽⁶⁾	12/10/2025		M			11,491	⁽⁵⁾	⁽⁷⁾	Common Stock	11,491	$0⁽⁶⁾	22,982	D
Incentive Units⁽⁸⁾	⁽⁶⁾	12/10/2025		A		20,041		⁽⁸⁾	⁽⁷⁾	Common Stock	20,041	$0⁽⁶⁾	20,041	D

Explanation of Responses:

1. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 14, 2022. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.

2. Each Incentive Unit reported herein represents the right to receive upon vesting, a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date.

3. This price represents the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date.

4. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 13, 2023. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.

5. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 11, 2024. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.

6. Each Incentive Unit reported herein represents the right to receive upon vesting, one share of CVR Energy, Inc. common stock or a cash payment equal to the average closing price of a share of CVR Energy, Inc. common stock for the 10 trading days immediately preceding the vest date, as determined by the Board or the Compensation Committee, as applicable, in its sole discretion.

7. The Incentive Units expire immediately upon vest.

8. The Incentive Units were awarded to the reporting person by CVR Energy, Inc. as compensation for services as an officer on December 10, 2025. These Incentive Units vest ratably in annual installments in December of each of the three years following the grant date, subject to the terms and conditions of the award agreement.

Remarks:

	/s/ Dane J. Neumann	12/12/2025
	** 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 transaction did CVR Energy (CVI) report for its CFO?

The EVP & Chief Financial Officer of CVR Energy, Inc. reported exercising previously granted incentive units into common stock and selling the resulting shares on December 10, 2025, while also receiving a new grant of incentive units on the same date.

How many CVR Energy (CVI) shares were sold in the December 10, 2025 transactions?

The officer sold 5,077, 6,607, and 11,491 shares of CVR Energy common stock on December 10, 2025, with each block reported at a sale price of $33.98 per share.

What new incentive units were granted to the CVR Energy (CVI) CFO?

On December 10, 2025, the officer was awarded 20,041 new Incentive Units as compensation for services. These units vest ratably in annual installments in December of each of the three years following the grant date, subject to the applicable award agreement.

How do CVR Energy (CVI) incentive units work for this officer?

Each Incentive Unit generally represents the right to receive, upon vesting, either a cash payment equal to the average closing price of a share of CVR Energy common stock for the 10 trading days immediately preceding the vest date, or, for certain awards, one share of common stock or an equivalent cash amount, as determined by the Board or Compensation Committee.

What was the exercise price of the CVR Energy (CVI) incentive units exercised?

The incentive units that were exercised into common stock on December 10, 2025 carried an exercise or conversion price of $0 per unit, consistent with their design as compensation awards rather than market-priced options.