Bertocco Riccardo 4
Research Summary
AI-generated summary
LSB Industries (LXU) Director Riccardo Bertocco Receives Award
What Happened
- Director Riccardo Bertocco was granted 9,252 Restricted Stock Units (RSUs) on May 22, 2026. The grant is reported at $12.97 per share, for a total reported value of $119,998. This is an equity award (grant) under the company's long-term incentive plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-22; transaction type: Award/Grant (code A)
- Price/value: $12.97 per share; aggregate value reported $119,998
- Shares owned after transaction: not specified in the provided filing summary
- Footnote: RSUs were granted pursuant to the LSB Industries, Inc. 2025 Long Term Incentive Plan. Each RSU represents a right to one share and, per the footnote, became nonforfeitable following the May 22, 2026 grant date.
- Filing timing: Form 4 was filed on 2026-05-27. Insider filings are generally due within two business days of the transaction, so this filing appears later than the typical filing deadline.
Context
- RSU grants are a form of compensation and do not involve the insider buying shares on the open market; they are less direct as a bullish signal than personal cash purchases. Because these RSUs are reported as nonforfeitable as of the grant date, they represent a concrete increase in the insider’s potential share holdings subject to any transfer or other restrictions.