Will W Anthony 4

What Happened

• Will W Anthony, a director and former President & CEO of CF Industries Holdings, sold a total of 81,651 CF shares in open‑market transactions. The sales were:
  • Mar 11, 2026: 28,625 shares at a weighted average price of $118.64 — proceeds $3,396,056 (prices in range $118.50–$118.935; see footnote F1).
  • Mar 13, 2026: 32,658 shares at a weighted average price of $130.62 — proceeds $4,265,811 (prices in range $130.02–$130.99; see F2).
  • Mar 13, 2026: 20,368 shares at a weighted average price of $131.17 — proceeds $2,671,758 (prices in range $131.00–$131.44; see F3).
• Total proceeds across the three sales were approximately $10.33 million. These were sales (code S), which are routine dispositions and do not by themselves indicate insider sentiment about the company.

Key Details

• Transaction dates: March 11 and March 13, 2026. Filing date (Form 4): March 13, 2026 — appears to be filed within the SEC’s 2-business-day window for insider reporting.
• Prices: reported as weighted averages; footnotes F1–F3 give the ranges for individual executions and state the filer will provide per‑price details on request.
• Shares owned after the transactions: not specified in the information provided in this summary (not disclosed in the excerpt).
• Transaction type: Open-market sales (S). No option exercises, gifts, or tax-withholding noted in this filing.
• No indication in the filing of a 10b5-1 plan or other pre-arranged trading plan in the disclosed footnotes.

Context

• Sales by executives or directors can be for many reasons (diversification, liquidity, tax planning, scheduled sales) and do not necessarily reflect a view on company fundamentals; the Form 4 only reports the transaction facts.
• Because these were open-market sales (not exercises or awards), there was no issuance of new shares to the insider — these were dispositions of existing holdings.