MAGUIRE CHERYL 4
Research Summary
AI-generated summary
LSB Industries (LXU) CFO Cheryl Maguire Receives Stock Award; Shares Withheld
What Happened
- Cheryl Maguire, EVP and Chief Financial Officer of LSB Industries (LXU), had performance-based restricted stock units vest on January 26, 2026. She was credited with 12,274 shares at $9.88 each (value ≈ $121,267).
- To cover tax withholding on vested RSUs (both time‑based and performance‑based), the issuer withheld a total of 7,951 shares (2,538 shares withheld for time‑based RSUs and 5,413 shares withheld for performance RSUs) at $9.88 each (total withholding ≈ $78,555). No shares were sold in these transactions.
- Net new shares received by Maguire from this vesting event: 4,323 shares (12,274 granted − 7,951 withheld).
Key Details
- Transaction date: January 26, 2026. Filing date (Form 4): January 28, 2026 (timely — within the usual two-business-day window).
- Prices and values: grant/vesting 12,274 @ $9.88 = $121,267; withholdings 2,538 @ $9.88 = $25,075 and 5,413 @ $9.88 = $53,480 (combined withholding ≈ $78,555).
- Shares owned after transaction: not stated in the provided excerpt of the filing.
- Footnotes: F2 = shares acquired upon vesting of performance‑based RSUs; F1 & F3 = shares withheld by the issuer to satisfy tax withholding obligations. No open‑market purchases or sales occurred.
Context
- This was an award/vesting event (A) with tax withholding (F), not an open‑market purchase or a voluntary sale. Such vesting is part of routine executive compensation and does not itself indicate the insider is buying or selling stock in the market.
- Because shares were withheld to cover taxes (a common cashless withholding), the transaction reflects compensation administration rather than a directional trade signal.