MAGUIRE CHERYL 4
Research Summary
AI-generated summary
LSB Industries (LXU) CFO Cheryl Maguire Withholds 8,990 Shares for Taxes
What Happened
Cheryl Maguire, Executive Vice President and Chief Financial Officer of LSB Industries (LXU), had a total of 8,990 shares withheld to satisfy tax obligations tied to the vesting of restricted stock awards. On 2026-01-16, 4,482 shares were withheld at $9.95 per share (≈ $44,596), and on 2026-01-17, 4,508 shares were withheld at $9.60 per share (≈ $43,277), for a combined value of about $87,873. These withholdings are a disposition for tax purposes but not an open-market sale.
Key Details
- Transaction dates and prices:
- 2026-01-16: 4,482 shares withheld at $9.95 — $44,596 (approx.)
- 2026-01-17: 4,508 shares withheld at $9.60 — $43,277 (approx.)
- Total withheld: 8,990 shares for approximately $87,873.
- Shares owned after transaction: Not specified in the provided summary — consult the filed Form 4 for the insider’s post-transaction holdings.
- Footnote: F1 — Shares were withheld to pay taxes upon vesting of a Restricted Stock Award previously granted under the company’s 2025 Long Term Incentive Plan.
- Filing timeliness: Form 4 was filed on 2026-01-21. Given the transaction dates and the Jan 19 federal holiday (MLK Day), the Jan 21 filing appears to meet the SEC’s two-business-day reporting requirement.
Context
Code "F" indicates tax withholding (company-retained shares) rather than an open-market sale; this is a routine administrative action when restricted stock vests and does not necessarily signal the insider’s view on the stock. Purchases are generally more informative about insider sentiment; tax-withhold dispositions are common and intended solely to cover withholding obligations. For full details, refer to the original Form 4 filing.