Form 4: LSB Industries Director Sells Shares Under 10b5-1 Plan

LSB Industries Director Barry H. Golsen reported the sale of 84,388 shares of common stock through family trusts and an LLC under pre-arranged 10b5-1 trading plans.

Summary

• Director Barry H. Golsen reported the sale of 84,388 shares of LSB Industries, Inc. common stock across two transaction dates.
• On December 11, 2025, 40,916 shares were sold by Irrevocable Family Trusts at a weighted average price of $9.03 per share, and 13,400 shares were sold by BGG Family LLC at a weighted average price of $9.03 per share.
• On December 12, 2025, an additional 22,572 shares were sold by Irrevocable Family Trusts at a weighted average price of $9.04 per share, and 7,500 shares were sold by BGG Family LLC at a weighted average price of $9.04 per share.
• All reported sales were executed pursuant to Rule 10b5-1 trading plans adopted by the Irrevocable Family Trusts and BGG Family LLC on September 4, 2025.
• Following these transactions, the Irrevocable Family Trusts beneficially own 156,954 shares, and BGG Family LLC beneficially owns 248,127 shares.
• The prices for these sales ranged from $9.00 to $9.09 per share.

Sentiment

Score: 5

Explanation: Neutral. While insider selling can be perceived negatively, the execution under a pre-arranged 10b5-1 plan mitigates concerns about opportunistic selling based on new, non-public information.

Positives

• The sales were conducted under pre-arranged 10b5-1 trading plans, indicating that the transactions were scheduled in advance and not based on new, non-public information.

Negatives

• Director selling shares, even if pre-planned, reduces insider ownership and can sometimes be perceived negatively by the market, potentially signaling a lack of confidence, although mitigated by the 10b5-1 plan.

Risks

• Potential for negative market perception or investor sentiment due to insider selling, despite the existence of a 10b5-1 plan.

Future Outlook

NA

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends.

Related Party Transactions

• Sales of common stock were conducted by Irrevocable Family Trusts and BGG Family LLC, entities in which Director Barry H. Golsen has a beneficial interest and control, making these related party transactions.

Stakeholder Impact

• Shareholders may interpret the director's sales as a signal, though the 10b5-1 plan reduces the implication of a lack of confidence.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Recommendation

The sales by Director Barry H. Golsen, while reducing insider ownership, were executed under pre-arranged 10b5-1 trading plans. This suggests the transactions are for personal financial planning rather than a reaction to new, adverse company developments. Without additional information on the company's fundamentals or other market factors, these planned sales alone do not warrant a change from a 'hold' position, as the underlying business outlook is not directly addressed by this filing.

Keywords

LSB Industries, LXU, Form 4, Insider Selling, Barry H. Golsen, 10b5-1 Plan, Director, Equity Sales