LSB Industries insider plans sale of 25,657 shares under Rule 144
LSB Industries (symbol LXU) filed a notice of proposed insider share sales under Rule 144.
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Rhea-AI Filing Summary
LSB Industries (symbol LXU) filed a notice of proposed insider share sales under Rule 144. A holder plans to sell 25,657 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $246,563.77 based on the figures provided. The shares were originally acquired as founder shares on 11/02/2011 directly from the issuer. The company had 71,944,499 shares of common stock outstanding at the time referenced, which shows the planned sale is small relative to the total share count.
FAQ
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What does the Form 144 filing for LXU disclose?
The Form 144 discloses that an insider or affiliated holder of LSB Industries (LXU) intends to sell 25,657 shares of common stock on the open market under Rule 144.
What representation does the selling person make in the LXU Form 144?
By signing the notice, the selling person represents that they do not know any material adverse information about LSB Industries' current or prospective operations that has not been publicly disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.