LSB Industries (LXU) director details trust and LLC stock trades, updates holdings
Rhea-AI Filing Summary
LSB Industries director Barry H. Golsen reported multiple transactions in LSB Industries, Inc. common stock through various family-related entities. Earlier gifts moved 327,611 shares on 09/15/2023 at a stated price of $0.00 between a revocable trust and BGG Family LLC, and on 12/30/2024, 24,000 shares were transferred at $0.00 between BGG Family LLC and irrevocable family trusts.
On 12/04/2025 and 12/05/2025, irrevocable family trusts and BGG Family LLC sold blocks of shares under Rule 10b5-1 trading plans at weighted average prices around $9.16 and $9.07, respectively. After these transactions, Golsen reports indirect holdings including 44,029 shares via a revocable trust, 220,442 shares via irrevocable family trusts, 269,027 shares via BGG Family LLC, 693 shares held by his spouse (disclaimed), and 3,568 shares held directly. He also notes that shares held by Golsen Family, L.L.C. and certain Quad Capital entities will no longer be reported as beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,704 | $9.07 | $188K |
| Sale | Common Stock | 6,350 | $9.07 | $58K |
| Sale | Common Stock | 84,034 | $9.16 | $770K |
| Sale | Common Stock | 28,234 | $9.16 | $259K |
| Gift | Common Stock | 327,611 | $0.00 | -- |
| Gift | Common Stock | 24,000 | $0.00 | -- |
| Gift | Common Stock | 24,000 | $0.00 | -- |
| Gift | Common Stock | 327,611 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- These shares are owned of record by the reporting person's revocable trust, of which the reporting person is the settlor and trustee and holds a pecuniary interest in the trust's holdings and transactions. These shares are owned of record by BGG Family LLC ("BGG"). Each of the reporting person and his spouse is a manager of BGG and has a 50% ownership interest in BGG. These shares are held by separate irrevocable trusts established for the benefit of the reporting person and the reporting person's children and grandchildren (collectively, the "Irrevocable Family Trusts"), of which the reporting person is the trustee. The amount shown is the aggregate number of shares held in the Irrevocable Family Trusts. No single Irrevocable Family Trust has more than one beneficiary. Because the reporting person is trustee of the Irrevocable Family Trusts, of which the beneficiaries are either the reporting person or his children or grandchildren, the reporting person is deemed to have a pecuniary interest in the Issuer's common stock held by the Irrevocable Family Trusts, pursuant to Rule 16a-8(b)(2)(ii). The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.05 to $9.50, inclusive. The reporting person undertakes to provide to LSB Industries, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by the Irrevocable Family Trusts on September 4, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.05 to $9.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by BGG on September 4, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by the Irrevocable Family Trusts on September 4, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.01 to $9.11, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by BGG on September 4, 2025. These shares of common stock are owned of record by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares owned by his spouse.