LSB Industries (NYSE: LXU) EVP covers tax on vested share awards
Rhea-AI Filing Summary
LSB Industries executive Renwick Damien reported routine share withholdings to cover taxes on vested stock awards. As EVP and Chief Commercial Officer, he had 3,636 shares of common stock withheld on 01/16/2026 at a price of $9.95 per share and 4,161 shares withheld on 01/17/2026 at $9.60 per share. These transactions are coded "F," meaning the shares were not sold in the open market but were retained by the company to satisfy tax obligations tied to restricted stock vesting under the 2025 Long Term Incentive Plan. After these withholdings, Damien directly owned 95,820 shares of LSB Industries common stock.
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FAQ
What insider transaction did LSB Industries (LXU) report for Renwick Damien?
LSB Industries reported that EVP and CCO Renwick Damien had shares of common stock withheld to cover taxes upon the vesting of restricted stock awards, recorded as Form 4 transactions coded "F" on 01/16/2026 and 01/17/2026.
How many LSB Industries (LXU) shares were withheld for taxes?
On 01/16/2026, 3,636 shares of LSB Industries common stock were withheld at $9.95 per share, and on 01/17/2026, 4,161 shares were withheld at $9.60 per share to satisfy tax obligations on vested restricted stock.
Did Renwick Damien sell LSB Industries (LXU) shares in the open market?
No. The Form 4 shows transaction code "F", and the footnote explains that the shares were withheld to pay taxes upon vesting of a restricted stock award, rather than being sold on the open market.
How many LSB Industries shares does Renwick Damien own after these transactions?
Following the reported tax-withholding transactions, Renwick Damien directly owned 95,820 shares of LSB Industries common stock.
What plan were the LSB Industries restricted stock awards granted under?
The restricted stock award that vested and triggered the tax-withholding transactions was previously granted under LSB Industries' 2025 Long Term Incentive Plan.
What is Renwick Damien’s role at LSB Industries (LXU)?
Renwick Damien serves as an officer of LSB Industries with the title EVP and CCO, as disclosed in the Form 4 filing.