LXU (NYSE) Form 144 shows proposed sale; 15.3M shares distributed

Rhea-AI Filing Summary

LXU submitted a Form 144 notice relating to the proposed disposition of Common Stock. The excerpt shows that 15,306,927 shares were distributed on 11/14/2023 as pro rata distributions in kind to SBT Investors LLC and NZC Capital LLC, and the securities were distributed "without consideration." Timing and exact sale mechanics are not detailed in the excerpt.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	UBS 1285 Avenue of the Americas New York NY 10019	4889159	72604011.15	71846842	03/26/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	11/14/2023	Shares were distributed as part of pro rata distributions in kind	SBT Investors LLC; NZC Capital LLC			15306927	11/14/2023	The securities were distributed, without consideration.

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does LXU's Form 144 disclose about the shares?

The Form 144 notes a proposed disposition of Common Stock and records a distribution of 15,306,927 shares on 11/14/2023. It states the shares were distributed pro rata and "without consideration," and lists recipients SBT Investors LLC and NZC Capital LLC.

Who are the recipients named in the LXU filing?

The excerpt names SBT Investors LLC and NZC Capital LLC as recipients of the distributed shares. The filing shows these entities received shares as part of a pro rata distribution on 11/14/2023.

Does the LXU excerpt state how many shares are being sold under Form 144?

The excerpt documents a distribution of 15,306,927 shares on 11/14/2023. The excerpt does not explicitly state the exact number of shares offered for sale under the Form 144 notice.

Were the distributed LXU shares sold for cash according to the filing?

No; the excerpt explicitly states the securities "were distributed, without consideration." It records the distribution event but does not describe cash proceeds or sale terms in the provided text.

What trading venue or listing is shown for the LXU common stock?

The excerpt lists the Common Stock with a NYSE listing reference. No trading instructions, prices, or broker details are included in the provided excerpt.