Family trusts tied to LSB Industries (LXU) director report share sales

Rhea-AI Filing Summary

LSB Industries, Inc. director Barry H. Golsen reported indirect sales of the company’s common stock by family-related entities over three days in late January. On January 21, 2026, separate sales included 24,001 shares by Irrevocable Family Trusts at a weighted average price of $10.06 per share and 72,553 shares by BGG Family LLC at a weighted average price of $10.06 per share, both under pre-established 10b5-1 trading plans.

On January 22, 2026, the Irrevocable Family Trusts sold 1,616 shares at a weighted average of $10.02, and BGG Family LLC sold 4,884 shares at a weighted average of $10.02. On January 23, 2026, the Irrevocable Family Trusts sold 3,959 shares at a weighted average of $10.03, while BGG Family LLC sold 11,967 shares at a weighted average of $10.03, also pursuant to those trading plans.

After these transactions, the Irrevocable Family Trusts held 58,211 shares, BGG Family LLC held 35,043 shares, a revocable trust associated with Golsen held 44,029 shares, and his spouse held 693 shares (with beneficial ownership disclaimed). Golsen also held 3,568 shares directly.

Insider Trade Summary

Net Seller: 118,980 shares ($1,196,201)

Net Sell 9 txns

Insider GOLSEN BARRY H

Role Director

Sold 118,980 shs ($1.20M)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,959	$10.03	$40K
Sale	Common Stock	11,967	$10.03	$120K
Sale	Common Stock	1,616	$10.02	$16K
Sale	Common Stock	4,884	$10.02	$49K
Sale	Common Stock	24,001	$10.06	$241K
Sale	Common Stock	72,553	$10.06	$730K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 58,211 shares (Indirect, By Irrevocable Family Trusts); Common Stock — 3,568 shares (Direct)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.16, inclusive. The reporting person undertakes to provide to LSB Industries, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of 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. 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 $10.00 to $10.16, 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 Family LLC ("BGG") on September 4, 2025. These shares are owned of record by BGG. Each of the reporting person and his spouse is a manager of BGG and has a 50% ownership interest in BGG. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.07, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of 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 $10.00 to $10.07, 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 $10.00 to $10.10, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of 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 $10.00 to $10.10, 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 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 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

GOLSEN BARRY H

(Last) (First) (Middle)

P O BOX 705

(Street)

OKLAHOMA CITY OK 73101

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

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	01/21/2026		S		24,001	D	$10.06(1)	63,786(2)	I	By Irrevocable Family Trusts(2)
Common Stock	01/21/2026		S		72,553	D	$10.06(3)	51,894(4)	I	By BGG Family LLC(4)
Common Stock	01/22/2026		S		1,616	D	$10.02(5)	62,170(2)	I	By Irrevocable Family Trusts(2)
Common Stock	01/22/2026		S		4,884	D	$10.02(6)	47,010(4)	I	By BGG Family LLC(4)
Common Stock	01/23/2026		S		3,959	D	$10.03(7)	58,211(2)	I	By Irrevocable Family Trusts(2)
Common Stock	01/23/2026		S		11,967	D	$10.03(8)	35,043(4)	I	By BGG Family LLC(4)
Common Stock								44,029(9)	I	By Revocable Trust(9)
Common Stock								693(10)	I	By Spouse(10)
Common Stock								3,568	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.16, inclusive. The reporting person undertakes to provide to LSB Industries, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of 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.

2. 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).

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.16, 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 Family LLC ("BGG") on September 4, 2025.

4. These shares are owned of record by BGG. Each of the reporting person and his spouse is a manager of BGG and has a 50% ownership interest in BGG.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.07, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of 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.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.07, 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.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.10, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of 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.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.10, 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.

9. 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.

10. 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.

	/s/ Barry H. Golsen	01/23/2026
	** 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 insider activity did LXU director Barry H. Golsen report?

The filing shows indirect sales of LSB Industries (LXU) common stock by Irrevocable Family Trusts and BGG Family LLC associated with director Barry H. Golsen over January 21–23, 2026, at weighted average prices slightly above $10.00 per share.

How many LXU shares did the Irrevocable Family Trusts sell and at what prices?

The Irrevocable Family Trusts sold 24,001 shares at a weighted average of $10.06 on January 21, 2026, 1,616 shares at $10.02 on January 22, 2026, and 3,959 shares at $10.03 on January 23, 2026, all under 10b5-1 trading plans.

What LXU share sales were reported for BGG Family LLC?

BGG Family LLC sold 72,553 shares at a weighted average of $10.06 on January 21, 2026, 4,884 shares at $10.02 on January 22, 2026, and 11,967 shares at $10.03 on January 23, 2026, also pursuant to 10b5-1 trading plans.

How many LXU shares do the family trusts and LLC hold after these transactions?

Following the reported trades, the Irrevocable Family Trusts held 58,211 LXU shares, and BGG Family LLC held 35,043 LXU shares, as stated in the filing.

What other LXU holdings related to Barry H. Golsen are disclosed?

The filing notes 44,029 shares held by a revocable trust for which Golsen is settlor and trustee, 693 shares held by his spouse (with beneficial ownership disclaimed), and 3,568 LXU shares held directly by Golsen.

Were the LXU insider sales made under a trading plan?

Yes. The sales by both the Irrevocable Family Trusts and BGG Family LLC were made under Rule 10b5-1 trading plans adopted on September 4, 2025, as described in the footnotes.