Form 4: LSB Industries EVP, General Counsel and Secretary Michael J. Foster Reports Stock Sale

Michael J. Foster, EVP, General Counsel and Secretary of LSB Industries, Inc., reported the sale of 2,514 shares of common stock on January 25, 2025, to cover taxes upon vesting of a restricted stock award.

Summary

• On January 25, 2025, Michael J. Foster, EVP, General Counsel and Secretary of LSB Industries, Inc. sold 2,514 shares of common stock.
• The shares were sold at a price of $8.73 per share.
• The sale was to cover taxes upon the vesting of a restricted stock award previously granted under the company's 2016 Long Term Incentive Plan.
• Following the transaction, Foster directly owns 359,311 shares of LSB Industries, Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate any particular positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates that an executive exercised and sold shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price given the relatively small number of shares involved.

Key Dates