BEHRMAN MARK T 4
Research Summary
AI-generated summary
LSB Industries CEO Mark Behrman Receives 67,884-Share Award
What Happened Mark T. Behrman, President, CEO and a director of LSB Industries, had performance-based restricted stock units vest on Jan 26, 2026, resulting in the acquisition of 67,884 shares at $9.88 per share (value ~$670,694). To satisfy tax withholding obligations related to both time-based and performance-based RSU vesting, the company withheld 14,034 shares ($138,656) and 29,937 shares ($295,778), respectively—total withheld 43,971 shares ($434,434). No shares were sold in open-market transactions; the net increase in his holdings from these vestings was 23,913 shares.
Key Details
- Transaction date: 2026-01-26 (Form 4 filed 2026-01-28, Accession 0000060714-26-000023).
- Price per share for all reported entries: $9.88.
- Awarded/acquired: 67,884 shares (performance-based RSUs) — $670,694.
- Withheld for taxes: 14,034 shares (time-based RSUs) — $138,656; 29,937 shares (performance-based RSUs) — $295,778; total withheld 43,971 shares — $434,434. No shares were sold in these withholding transactions.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1/F3 confirm withheld shares were for tax withholding (no sales); F2 confirms the 67,884 shares were vested performance-based RSUs under the 2016 Long Term Incentive Plan.
- Filing timeliness: No late filing indicated.
Context These entries reflect RSU vesting and routine tax-withholding mechanics, not open-market purchases or sales. Vesting is a form of compensation (not necessarily a directional bet), and withheld shares to cover taxes are common and do not indicate a sale by the insider. The net effect here is an increase of 23,913 shares to Behrman’s stake following the vesting events.