Form 4: LSB Industries EVP and CFO Cheryl Maguire Reports Stock Sale to Cover Taxes
SEC Form 4 Filing
Cheryl Maguire, EVP and CFO of LSB Industries, sold 2,538 shares of common stock on January 25, 2025, to cover taxes upon vesting of a restricted stock award.
Summary
- Cheryl Maguire, the EVP and CFO of LSB Industries, Inc. (LXU), reported a transaction involving the company's common stock.
- On January 25, 2025, Maguire disposed of 2,538 shares of common stock at a price of $8.73 per share.
- This transaction was to cover taxes upon the vesting of a previously awarded restricted stock award under the company's 2016 Long Term Incentive Plan.
- Following the transaction, Maguire directly owns 233,270 shares of LSB Industries common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and tax obligations.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It is a regular part of corporate governance and transparency.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations related to stock awards.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of Earliest Transaction |
| 01/25/2025 | Date of stock sale transaction |
| 01/28/2025 | Date of signature on the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.