BEHRMAN MARK T 4
Research Summary
AI-generated summary
LSB Industries CEO Mark T. Behrman Sells Shares to Cover Taxes
What Happened
- Mark T. Behrman, President, CEO and a director of LSB Industries (LXU), had a total of 44,725 shares disposed (withheld) to satisfy tax withholding upon vesting of restricted stock awards. The disposals occurred in two tranches: 21,527 shares at $9.95 each ($214,194) and 23,198 shares at $9.60 each ($222,701), for a combined value of $436,895. These were tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction dates and prices:
- 2026-01-16: 21,527 shares @ $9.95 = $214,194 (withheld)
- 2026-01-17: 23,198 shares @ $9.60 = $222,701 (withheld)
- Total shares withheld: 44,725; total value ≈ $436,895.
- Footnote: F1 — Shares were withheld to pay taxes upon vesting of a Restricted Stock Award under the Company’s 2025 Long Term Incentive Plan.
- Shares owned after the transactions: not provided in the supplied filing details.
- Filing timing: Form 4 was filed on 2026-01-21 for transactions on 2026-01-16 and 2026-01-17, which is later than the typical two-business-day reporting window.
Context
- These disposals were routine tax-withholding events tied to restricted stock vesting (cashless/tax-settlement), not discretionary open-market sales; such transactions are common and do not necessarily indicate executive sentiment about the stock.