Bemis Scott D 4
Research Summary
AI-generated summary
LSB Industries EVP Scott Bemis Withholds 1,611 Shares to Pay Taxes
What Happened
- Scott D. Bemis, EVP — Manufacturing at LSB Industries (LXU), had 1,611 shares withheld to satisfy tax withholding obligations upon the vesting of a restricted stock award. The shares were valued at $9.95 each, for a total disposition value of $16,029 on January 16, 2026. This was a withholding event (tax payment), not an open-market sale or purchase.
Key Details
- Transaction date and price: January 16, 2026 — 1,611 shares withheld at $9.95 per share.
- Total value: $16,029 (1,611 × $9.95).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: F1 — "Shares withheld to pay taxes upon vesting of Restricted Stock Award previously awarded pursuant to the Company's 2025 Long Term Incentive Plan."
- Filing timeliness: Report filed Jan 21, 2026 for a Jan 16, 2026 transaction — marked late (filed after the typical 2-business-day Form 4 deadline).
Context
- This was a routine tax-withholding disposition tied to the vesting of restricted stock (a non-market transaction). Such withholdings are administrative and do not necessarily signal the insider's view of the company; purchases are generally more indicative of positive insider sentiment.