Renwick Damien 4
Research Summary
AI-generated summary
LSB Industries (LXU) EVP/CCO Damien Renwick Sells Shares
What Happened
- Damien Renwick, EVP and Chief Commercial Officer of LSB Industries (LXU), had a total of 7,797 shares withheld to cover tax withholding on vested restricted stock awards.
- Transactions: 3,636 shares withheld on 2026-01-16 at $9.95 ($36,178) and 4,161 shares withheld on 2026-01-17 at $9.60 ($39,946). This is a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction dates/prices: 2026-01-16 — 3,636 shares @ $9.95; 2026-01-17 — 4,161 shares @ $9.60.
- Total shares withheld/disposed: 7,797 shares; total value ≈ $76,124.
- Shares owned after transaction: Not reported in the provided filing details.
- Footnote: F1 — Shares were withheld to pay taxes upon vesting of a Restricted Stock Award granted under the Company’s 2025 Long Term Incentive Plan.
- Filing date: Form filed 2026-01-21 reporting transactions on 2026-01-16 and 01-17; the filing does not indicate a late-report flag.
Context
- Code F transactions are tax-withholding dispositions (shares retained by the company to satisfy tax obligations) — a routine administrative step when restricted stock vests and not a directional bet on the stock.
- These transactions typically do not signal insider sentiment the way open-market purchases or sales might.