Peninger Diana M 4
Research Summary
AI-generated summary
LSB Industries (LXU) Director Diana Peninger Receives 9,252 RSUs
What Happened
Director Diana M. Peninger received a grant of 9,252 Restricted Stock Units (RSUs) on May 22, 2026. The RSUs were valued at $12.97 each, for a total reported value of $119,998. The Form 4 reports this as an award/grant (transaction code A), an acquisition rather than a market purchase.
Key Details
- Transaction date: May 22, 2026; Form 4 filed: May 27, 2026. Filing appears 5 days after the grant (Form 4s are typically due within two business days).
- Grant size and price: 9,252 RSUs at $12.97 per share; total reported value $119,998.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: RSUs were granted under the LSB Industries, Inc. 2025 Long Term Incentive Plan. Each RSU represents a right to one LXU common share and, per the filing, became nonforfeitable as of the May 22, 2026 grant date.
- Transaction code: A = award/grant (not a sale or open-market purchase).
Context
This was an equity award (RSUs) to a company director—not a buy or sell in the open market—so it reflects compensation/retention practices rather than a direct trading signal. Because the RSUs are reported as nonforfeitable upon grant, the award confers a definite right to receive shares (subject to plan terms). The apparent late filing may reflect an administrative delay; late Form 4s can reduce transparency for investors but do not by themselves indicate wrongdoing.