W. Anthony Will - 05 Mar 2026 Form 4 Insider Report for CF Industries Holdings, Inc. (CF)

Role: Director, Former President & CEO
Signature: /s/ Michael P. McGrane, by power of attorney
Issuer symbol: CF
Transactions as of: 05 Mar 2026
Net transactions value: -$6,272,966
Form type: 4
Filing time: 09 Mar 2026, 17:25:54 UTC
Previous filing: 05 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Will W Anthony	Director, Former President & CEO	C/O CF INDUSTRIES HOLDINGS, INC., 2375 WATERVIEW DRIVE, NORTHBROOK	/s/ Michael P. McGrane, by power of attorney	09 Mar 2026	0001396130

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CF	Common stock, par value $0.01 per share	Sale	$6,272,966	-57,364	-30%	$109.35	136,646	05 Mar 2026	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CF	Phantom Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities		-29,504	-100%	$110.78^*	0	05 Mar 2026	Common stock, par value $0.01 per share	29,504		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.0000 to $109.5900, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.
F2	Each share of phantom stock is the economic equivalent of one share of CF Industries Holdings, Inc. common stock. Shares of phantom stock are payable in cash following the reporting person's termination of employment with CF Industries Holdings, Inc. and may be transferred by the reporting person into an alternative investment account in accordance with the terms of the plan.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.0000 to $109.5900, inclusive. The reporting person undertakes to provide to CF Industries Holdings, Inc., any security holder of CF Industries Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within that range.

Each share of phantom stock is the economic equivalent of one share of CF Industries Holdings, Inc. common stock. Shares of phantom stock are payable in cash following the reporting person's termination of employment with CF Industries Holdings, Inc. and may be transferred by the reporting person into an alternative investment account in accordance with the terms of the plan.