Form 4: Todd Boehly Sells LSB Industries Stock Under 10b5-1 Plan

Todd L. Boehly, a Director and 10% owner of LSB Industries, Inc., reported the sale of 4,889,159 shares of common stock under a pre-arranged 10b5-1 plan.

Summary

• Todd L. Boehly, a Director and 10% Owner of LSB INDUSTRIES, INC. (LXU), reported a transaction.
• The transaction involved the disposition (sale) of 4,889,159 shares of Common Stock.
• The sale occurred on March 26, 2026, at a price of $14.85 per share.
• The transaction was made pursuant to a contract, instruction, or written plan for the sale of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following the reported transaction, Todd L. Boehly beneficially owns 10,374,334 shares indirectly through TLB-LSB, LLC, where he is the sole member.
• An additional 43,434 shares are indirectly held by a limited liability company over which Todd L. Boehly may be deemed to have investment control.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral to slightly negative signal. While a significant insider sale, the transaction was executed under a Rule 10b5-1 plan, suggesting it was pre-scheduled and not necessarily indicative of a change in the insider's immediate outlook on the company.

Negatives

• A significant reduction in direct beneficial ownership by a Director and 10% owner, even if pre-planned, can be perceived by some investors as a decrease in conviction or a signal of potential future challenges.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, particularly by significant shareholders and directors, are closely watched by the market. While a 10b5-1 plan mitigates the immediate negative signal by indicating a pre-scheduled transaction, the market still considers the reduction in insider ownership as a factor in its overall assessment of a company's prospects.

Related Party Transactions

• Todd L. Boehly is the sole member of TLB-LSB, LLC, which directly holds 10,374,334 shares of LSB Industries common stock.
• Todd L. Boehly may be deemed to have investment control over a limited liability company that directly holds 43,434 shares of LSB Industries common stock.

Stakeholder Impact

• Shareholders may interpret the insider sale as a reduction in a key stakeholder's direct investment, potentially influencing market sentiment, even with the 10b5-1 plan in place.

Key Dates

Recommendation

The significant sale by a director and 10% owner, even under a pre-arranged 10b5-1 plan, is a notable event that reduces insider ownership. While the pre-planning mitigates the immediate negative signal, it still warrants a 'hold' recommendation, advising investors to monitor further company performance and broader market factors closely, rather than reacting solely to this transaction.

Keywords

LSB Industries, LXU, Todd Boehly, Insider Sale, Form 4, Common Stock, Director, 10% Owner, 10b5-1 Plan