LSB Industries EVP discloses 30,000-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Michael J. Foster, EVP, General Counsel and Secretary of LSB Industries, Inc. (LXU), reported sales of common stock under a 10b5-1 trading plan adopted 06/11/2025. The Form 4 shows a sale of 1,700 shares on 10/03/2025 at prices around $8.99 and a later sale of 28,300 shares on 10/06/2025 at weighted-average price $9.07, for a combined total of 30,000 shares sold. Share ownership reported after the transactions was 329,311 shares. The filer states the sales were effected pursuant to the adopted 10b5-1 plan and that trade prices ranged up to $9.15, with the weighted average disclosed.

Positive

• Sales executed under a 10b5-1 plan adopted 06/11/2025, which provides documented compliance
• Weighted-average price disclosed ($9.07) and price range ($8.99–$9.15) included for transparency
• Reporting person offered to provide full trade-by-trade details to SEC staff, issuer, or shareholders on request

Negative

• Insider reduced direct holdings to 329,311 shares after selling a total of 30,000 shares
• Concentrated selling occurred over two days (10/03/2025 and 10/06/2025), which may draw investor attention

Insights

Corporate Governance Analyst

TL;DR: Insider sold 30,000 shares via a documented 10b5-1 plan, lowering direct ownership to 329,311 shares.

The transactions were disclosed as routine sales executed under a 10b5-1 plan adopted 06/11/2025, which provides an affirmative defense to insider trading claims when conditions are met. The filer reported a weighted-average sale price of $9.07 and noted trade prices ranged from $8.99 to $9.15.

Key dependencies include continued adherence to the 10b5-1 plan terms and availability of full trade details on request. Investors may watch short-term insider ownership changes and any further Form 4s over the next 30-90 days for additional activity.

Insider Transactions Specialist

TL;DR: Sales appear systematic and documented; the filer offered to provide detailed trade execution data on request.

The Form 4 explicitly links the disposals to a 10b5-1 plan and provides both transaction dates (10/03/2025 and 10/06/2025) and a weighted-average price ($9.07). The reporting person certified willingness to supply per-trade quantities and prices to regulators or shareholders upon request, which enhances transparency.

Risks include potential market perception of insider selling; monitor any additional filings or public statements in the near term to assess whether these sales are isolated or part of a larger scheduled program.

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).

X

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^*

Foster Michael J.

(Last) (First) (Middle)

3503 NW 63RD ST, STE 500

(Street)

OKLAHOMA CITY OK 73116

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LSB INDUSTRIES, INC. [ LXU ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel and Sec

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/03/2025		D		1,700(1)	D	$8.99	357,611	D
Common Stock	10/06/2025		D		28,300(1)	D	$9.07(2)	329,311	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Sale of stock reported on this Form 4 was affected pursuant to a 10b5-1 trading plan adoped by the Reporting Person on June 11, 2025.

2. This transaction was executed by the Michael J. Foster in multiple trades at prices ranging from $8.99 to $9.15. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

	/s/ Michael J. Foster	10/07/2025
	** 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.

FAQ

What did Michael J. Foster (LXU) report on Form 4?

The report shows sales of 1,700 shares on 10/03/2025 and 28,300 shares on 10/06/2025, executed under a 10b5-1 plan.

How many shares does the insider own after these transactions (LXU)?

The filing reports 329,311 shares beneficially owned following the transactions.

At what prices were the LXU shares sold?

Trades were executed at prices ranging from $8.99 to $9.15, with a reported weighted-average price of $9.07.

Were the sales part of a pre-established trading plan for LXU?

Yes. The filing states the sales were effected pursuant to a 10b5-1 trading plan adopted on 06/11/2025.

Can I obtain per-trade details for these LXU sales?

The reporting person stated an undertaking to provide full information on the number of shares and prices per trade to the SEC staff, the issuer, or a shareholder upon request.