Form 4: LSB Industries SVP and Treasurer Kristy Carver Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kristy Carver, SVP and Treasurer of LSB Industries, reports the disposition of 10,459 common stock shares to cover taxes upon vesting of a restricted stock award.
Summary
- On June 3, 2024, Kristy Carver, SVP and Treasurer of LSB Industries, reported a transaction involving the disposition of 10,459 shares of common stock.
- The shares were withheld to cover tax obligations related to the vesting of a previously awarded restricted stock award under the company's 2016 Long Term Incentive Plan.
- The transaction price was $9.81 per share.
- Following the transaction, Carver directly owns 85,388 shares of LSB Industries common stock.
Sentiment
Score: 5
Explanation: The Form 4 filing is a neutral event, reflecting a routine transaction related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine adjustment of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: disposition of shares for tax withholding. |
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