TOELLE MICHAEL 4

What Happened
Michael Toelle, a director of CF Industries Holdings, Inc. (CF), was reported on a Form 4 as receiving an award of 1,390 shares on April 28, 2026. The filing shows the shares were acquired at a reported price of $0.00 (transaction code A = award/grant). The Form 4 covering the April 28 transaction was filed on April 30, 2026.

Key Details

• Transaction date and type: 2026-04-28 — Award/Grant (code A).
• Reported acquisition price: $0.00 per share (as reported on the Form 4).
• Shares received: 1,390 shares.
• Shares owned after transaction: not specified in the transaction details provided here.
• Filing timeliness: Form 4 was filed 2026-04-30 for a 2026-04-28 transaction; appears to be filed within the standard two-business-day window.
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the summary data.

Context
Grants recorded as $0 on Form 4 typically reflect compensation awards (e.g., restricted stock or RSUs) rather than open-market purchases. Such awards are common for directors as part of board compensation and do not necessarily indicate the insider is buying or selling stock for investment reasons. This report covers a director-level award, not a 10% owner or officer-derived transaction.