CF Industries Holdings, Inc.·4

Mar 13, 6:01 PM ET

Menzel Susan L 4

4 · CF Industries Holdings, Inc. · Filed Mar 13, 2026

Research Summary

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CF Industries EVP Susan L. Menzel Sells 18,041 Shares

What Happened
Susan L. Menzel, EVP and Chief Administrative Officer of CF Industries Holdings, Inc. (CF), sold 18,041 shares in an open-market/private sale on March 12, 2026. The reported weighted-average price was $136.06, for gross proceeds of approximately $2,454,713.

Key Details

  • Transaction date: 2026-03-12; filing date: 2026-03-13 (filed the next day).
  • Transaction type/code: Sale (S) — open market or private sale.
  • Shares sold: 18,041; weighted-average price: $136.06; total proceeds ≈ $2,454,713.
  • Footnote: The reported price is a weighted average; trades occurred at prices ranging $136.0501 to $136.1300. The reporting person will provide a breakdown by price upon request.
  • Shares owned after transaction: Not disclosed in this filing.
  • No 10b5-1 plan, withholding, gift, or option-exercise language is disclosed in this Form 4.

Context
This is a straight sale of shares. Insider sales are common and can be for many personal or diversification reasons; they do not by themselves prove a change in the insider’s view of the company. The filing appears timely (reported the business day after the transaction).

Insider Transaction Report

Form 4
Period: 2026-03-12
Menzel Susan L
EVP and Chief Admin. Officer
Transactions
  • Sale

    Common stock, par value $0.01 per share

    [F1]
    2026-03-12$136.06/sh18,041$2,454,71355,762 total
Footnotes (1)
  • [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.0501 to $136.1300, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.
Signature
/s/ Michael P. McGrane, by power of attorney|2026-03-13

Documents

1 file
  • 4
    tm268787-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT