What is the nature of the 6,000-share transaction reported by NL (NL)?

The 6,000-share transaction is a grant or award acquisition of NL Industries common stock. It is coded as an “A” transaction, indicating an equity award rather than an open-market purchase, and forms part of non-employee director compensation.

NL Industries director granted 6,000 stock shares

Kramer Kevin B reported acquisition or exercise transactions in this Form 4 filing.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Kramer Kevin B reported acquisition or exercise transactions in this Form 4 filing.

NL Industries Inc director Kevin B. Kramer reported receiving a grant of 6,000 shares of common stock on May 14, 2026. The award was issued for no cash consideration under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan as equity compensation. After this grant, Kramer directly holds 24,350 shares of NL common stock.

Insider Trade Summary

Grant/Award: 6,000 shares

Grant/Award 1 txn

Insider Kramer Kevin B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock $0.125 par value per share	6,000	$6.67	$40K

Holdings After Transaction: Common Stock $0.125 par value per share — 24,350 shares (Direct)

Footnotes (1)

F1. Shares issued for no cash consideration to directors under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan.

Key Figures

Stock grant: 6,000 shares Grant reference price: $6.67 per share Holdings after transaction: 24,350 shares +1 more

4 metrics

Stock grant 6,000 shares Common stock award on May 14, 2026

Grant reference price $6.67 per share Reported transaction price for the 6,000-share award

Holdings after transaction 24,350 shares Common stock directly held by Kramer after the grant

Par value $0.125 per share Par value of NL Industries common stock

Key Terms

Non-Employee Director Stock Plan, Common Stock $0.125 par value per share, grant/award acquisition, Form 4

4 terms

Non-Employee Director Stock Plan financial

"Shares issued for no cash consideration to directors under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan"

grant/award acquisition financial

"Transaction action described as grant/award acquisition of common stock"

Form 4 regulatory

"Insider transaction reported in a Form 4 filing for NL Industries"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NL (NL) director Kevin B. Kramer report?

Kevin B. Kramer reported receiving a grant of 6,000 shares of NL Industries common stock. The award was classified as a grant or other acquisition and increased his directly held stake to 24,350 shares following the transaction.

Did Kevin B. Kramer pay cash for the 6,000 NL (NL) shares reported?

No, Kramer did not pay cash for the 6,000 shares. The footnote states the shares were issued for no cash consideration to directors under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan as part of his compensation.

How many NL (NL) shares does Kevin B. Kramer hold after this Form 4?

After the reported grant, Kramer directly holds 24,350 shares of NL Industries common stock. This total reflects his position immediately following the 6,000-share award disclosed in the Form 4 insider trading report.

What plan was used for Kevin B. Kramer’s NL (NL) stock award?

The shares were issued under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan. This plan provides stock awards to non-employee directors, and in this case granted 6,000 shares to Kramer with no cash consideration required.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 08:05 AM

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).

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^*

Kramer Kevin B

(Last)

(First)

(Middle)

5430 LBJ FREEWAY

SUITE 1700

(Street)

DALLAS

TEXAS

75240

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NL INDUSTRIES INC [ NL ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock $0.125 par value per share	05/14/2026		A⁽¹⁾		6,000	A	$6.67⁽¹⁾	24,350	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares issued for no cash consideration to directors under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan.

	Jane R. Grimm, Attorney-in-fact, for Kevin B. Kramer	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR