Form 4: LSB Industries EVP Bemis Receives Initial Grant of Restricted Stock Units

Scott D. Bemis, EVP of Manufacturing at LSB Industries, received an initial grant of 13,402 time-based Restricted Stock Units (RSUs) on June 3, 2024, at a price of $9.83 per unit.

Summary

• On June 3, 2024, Scott D. Bemis, the EVP of Manufacturing at LSB Industries, received an initial grant of 13,402 time-based Restricted Stock Units (RSUs).
• The grant was made pursuant to the Company's 2016 Long Term Incentive Plan.
• The price of the transaction was $9.83 per unit.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding executive compensation, and does not contain information that would be considered particularly positive or negative.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders through equity ownership.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• The grant of RSUs may have a slightly positive impact on shareholder sentiment as it aligns executive interests with shareholder value.

Key Dates