Malik Ashraf K 4

What Happened Malik Ashraf K, Senior Vice President, Manufacturing & D'istn at CF Industries, had performance restricted stock units (PRSUs) vest and then sold shares. On 2026-02-27 he was credited with 4,064 shares upon vesting (reported as acquired at $0.00). To cover withholding, he surrendered 1,625 shares at $99.54 (total $161,753). On 2026-03-02 he sold 8,631 shares in the open market at a weighted average price of $103.08 for proceeds of $889,696. These transactions reflect a vesting award plus routine tax withholding and subsequent sale of shares.

Key Details

• Transaction dates and prices:
  • 2026-02-27: 4,064 shares granted/vested (A) at $0.00.
  • 2026-02-27: 1,625 shares surrendered for tax withholding (F) at $99.54 — $161,753.
  • 2026-03-02: 8,631 shares sold open market (S) at weighted avg $103.08 — $889,696. (Sale prices ranged $103.0701–$103.1500 per footnote.)
• Footnotes:
  • F1: Shares earned from a 2023 PRSU award based on three‑year performance through 12/31/2025.
  • F2: Surrendered shares satisfied tax withholding on vesting.
  • F3: Weighted average sale price; filer can provide breakdown by individual sale price on request.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Reported on 2026-03-03 for transactions dated 2026-02-27 and 2026-03-02; filing appears timely under Form 4 rules.

Context This sequence is a common pattern when restricted stock units vest: the executive receives shares, surrenders some to cover taxes, and often sells remaining shares in the open market. Such sales are routine and do not by themselves indicate the insider’s longer-term view of the company.