LSB Industries (LXU) counsel covers tax bill with share withholding
Rhea-AI Filing Summary
LSB Industries executive Michael J. Foster, EVP, General Counsel and Secretary, reported routine share-withholding transactions related to equity compensation. On January 16, 2026, 4,049 shares of common stock were withheld at $9.95 per share, leaving him with 325,262 shares held directly. On January 17, 2026, an additional 4,514 shares were withheld at $9.60 per share, resulting in 320,748 common shares held directly after the transactions. The footnote explains that the withheld shares were used to pay taxes upon vesting of a Restricted Stock Award granted under the company’s 2025 Long Term Incentive Plan, indicating these were not open-market sales.
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FAQ
What insider transactions did LSB Industries (LXU) report for Michael J. Foster?
Michael J. Foster, EVP, General Counsel and Secretary of LSB Industries, reported two Form 4 transactions where shares of common stock were withheld on January 16, 2026 and January 17, 2026 to cover taxes on vested restricted stock.
How many LSB Industries (LXU) shares were withheld to cover taxes?
The filing shows 4,049 shares of common stock withheld at $9.95 per share on January 16, 2026, and 4,514 shares withheld at $9.60 per share on January 17, 2026, in each case to pay taxes on a Restricted Stock Award.
How many LSB Industries (LXU) shares does Michael J. Foster hold after these transactions?
After the tax-withholding transactions, Michael J. Foster beneficially owns 320,748 shares of LSB Industries common stock, held directly.
Were the LSB Industries (LXU) insider transactions open-market sales?
No. A footnote explains that the reported shares were withheld to pay taxes upon vesting of a Restricted Stock Award granted under the company’s 2025 Long Term Incentive Plan, rather than discretionary open-market sales.
What is the role of Michael J. Foster at LSB Industries (LXU)?
Michael J. Foster is an officer of LSB Industries, serving as EVP, General Counsel and Secretary, according to the Form 4.
What compensation plan is referenced in the LSB Industries (LXU) Form 4 filing?
The footnote states that the Restricted Stock Award was granted under the company’s 2025 Long Term Incentive Plan, and the reported share withholding covered related tax obligations.