LSB Industries (LXU) CEO Behrman has shares withheld to cover tax on awards
Rhea-AI Filing Summary
LSB Industries, Inc. President and CEO Mark T. Behrman reported two automatic share withholdings related to equity compensation. On 01/16/2026, 21,527 shares of common stock were withheld at $9.95 per share, and on 01/17/2026, another 23,198 shares were withheld at $9.60 per share. These transactions are coded "F," meaning shares were withheld by the company to cover tax obligations upon vesting of a previously granted Restricted Stock Award under the 2025 Long Term Incentive Plan. Following the second transaction, Behrman directly owned 1,559,678 shares of LSB Industries common stock.
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FAQ
What insider activity did LXU President and CEO Mark T. Behrman report?
Mark T. Behrman reported two transactions where LSB Industries common shares were withheld to cover taxes upon vesting of a Restricted Stock Award. On 01/16/2026, 21,527 shares were withheld at $9.95 per share, and on 01/17/2026, 23,198 shares were withheld at $9.60 per share.
Were Mark T. Behrman’s LXU share transactions open-market sales?
No. Both transactions are coded "F," indicating that the shares were withheld by the company to pay taxes upon vesting of a Restricted Stock Award granted under the 2025 Long Term Incentive Plan, rather than discretionary open-market sales.
How many LSB Industries (LXU) shares does the CEO own after these transactions?
After the 01/17/2026 tax-withholding transaction, Mark T. Behrman directly beneficially owned 1,559,678 shares of LSB Industries common stock, as reported in the filing.
What were the prices used for the LXU tax-withholding transactions?
The 01/16/2026 withholding of 21,527 shares was at $9.95 per share, and the 01/17/2026 withholding of 23,198 shares was at $9.60 per share, as stated in the Form 4.
What plan was involved in the CEO’s LXU restricted stock vesting?
The filing states that the shares were withheld to pay taxes upon vesting of a Restricted Stock Award previously awarded under the company’s 2025 Long Term Incentive Plan.
Is Mark T. Behrman a director as well as an officer of LSB Industries (LXU)?
Yes. The Form 4 identifies Mark T. Behrman as both a Director and an Officer, with the officer title listed as President and CEO of LSB Industries, Inc.