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

A director of LSB Industries, Barry H. Golsen, reported the sale of common stock totaling 175,797 shares through pre-arranged 10b5-1 trading plans.

Summary

• Barry H. Golsen, a Director of LSB Industries, Inc. (LXU), reported multiple sales of common stock.
• On January 8, 2026, 12,486 shares were sold at a weighted average price of $9.09, and 18,695 shares were sold at $9.06, both through Irrevocable Family Trusts.
• Also on January 8, 2026, 87,772 shares were sold at a weighted average price of $9.23 through BGG Family LLC.
• On January 9, 2026, an additional 56,744 shares were sold at a weighted average price of $9.10 through BGG Family LLC.
• All reported sales were executed under Rule 10b5-1 trading plans adopted on September 4, 2025.
• Following these transactions, Golsen's indirect beneficial ownership includes 115,468 shares and 96,773 shares held by Irrevocable Family Trusts, 189,355 shares and 132,611 shares held by BGG Family LLC, and 44,029 shares by a Revocable Trust. He also directly owns 3,568 shares.
• Beneficial ownership of 693 shares held by his spouse is disclaimed.

Sentiment

Score: 5

Explanation: The sales are part of pre-arranged 10b5-1 trading plans, which generally indicates a planned diversification or liquidity event rather than a reaction to new, negative material information. However, insider sales are still sales.

Positives

• Sales were conducted under pre-arranged 10b5-1 trading plans, indicating a planned divestment rather than an immediate reaction to new information.

Negatives

• A director sold a significant number of shares, totaling 175,797 shares.

Risks

• Insider sales, even under 10b5-1 plans, can sometimes be perceived negatively by the market, potentially signaling a lack of confidence or a desire to diversify holdings.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing.

Industry Context

This Form 4 filing reports an individual insider's transactions and does not provide broader industry context or trends.

Related Party Transactions

• Sales were conducted through Irrevocable Family Trusts and BGG Family LLC, entities in which the reporting person has a pecuniary interest or management role.

Stakeholder Impact

• Shareholders may interpret the insider sales as a signal, though the 10b5-1 plan mitigates immediate concern.

Key Dates

Recommendation

The reported sales by a director are part of pre-established 10b5-1 trading plans, which suggests a planned divestment strategy rather than a reaction to new, undisclosed material information. While insider sales can sometimes be viewed negatively, the existence of a 10b5-1 plan reduces the immediate bearish signal. Investors should consider this as a routine liquidity or diversification event for the insider, rather than a fundamental change in the company's prospects, and maintain their current position while monitoring broader company performance and market conditions.

Keywords

LSB Industries, LXU, Form 4, Insider Sale, Barry H. Golsen, 10b5-1 plan, Director, Common Stock