Form 4: LSB Industries CEO Mark Behrman Disposes of Shares to Cover Taxes
SEC Form 4 Filing
Mark Behrman, President and CEO of LSB Industries, disposed of 14,034 shares of common stock on January 25, 2025, to cover taxes related to the vesting of a restricted stock award.
Summary
- On January 25, 2025, Mark T Behrman, President and CEO of LSB Industries, disposed of 14,034 shares of common stock.
- The shares were disposed of at a price of $8.73 per share.
- This transaction was to cover taxes upon the vesting of a Restricted Stock Award previously awarded pursuant to the Company's 2016 Long Term Incentive Plan.
- Following the transaction, Behrman directly owns 1,604,403 shares of LSB Industries common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like CEOs and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 01/25/2025 | Date of stock disposal |
| 01/28/2025 | Date of signature on the Form 4 filing |
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