Barry H. Golsen - Sep 15, 2023 Form 4 Insider Report for LSB INDUSTRIES, INC. (LXU)

Role
Director
Signature
/s/ Barry H. Golsen
Stock symbol
LXU
Transactions as of
Sep 15, 2023
Transactions value $
-$1,273,755
Form type
4
Date filed
12/9/2025, 07:00 PM
Previous filing
Feb 14, 2023

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
GOLSEN BARRY H Director P O BOX 705, OKLAHOMA CITY /s/ Barry H. Golsen 2025-12-09 0001005714

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LXU Common Stock Gift $0 -328K -88.15% $0.00 44K Sep 15, 2025 By Revocable Trust F1
transaction LXU Common Stock Gift $0 +328K $0.00 328K Sep 15, 2023 By BGG Family LLC F2
transaction LXU Common Stock Gift $0 -24K -7.33% $0.00 304K Dec 30, 2024 By BGG Family LLC F2
transaction LXU Common Stock Gift $0 +24K +7.97% $0.00 325K Dec 30, 2024 By Irrevocable Family Trusts F3
transaction LXU Common Stock Sale -$770K -84K -25.84% $9.16 241K Dec 4, 2025 By Irrevocable Family Trusts F3, F4
transaction LXU Common Stock Sale -$259K -28.2K -9.3% $9.16 275K Dec 4, 2025 By BGG Family LLC F2, F5
transaction LXU Common Stock Sale -$188K -20.7K -8.59% $9.07 220K Dec 5, 2025 By Irrevocable Family Trusts F3, F6
transaction LXU Common Stock Sale -$57.6K -6.35K -2.31% $9.07 269K Dec 5, 2025 By BGG Family LLC F2, F7
holding LXU Common Stock 693 Sep 15, 2023 By Spouse F8
holding LXU Common Stock 3.57K Sep 15, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares are owned of record by the reporting person's revocable trust, of which the reporting person is the settlor and trustee and holds a pecuniary interest in the trust's holdings and transactions.
F2 These shares are owned of record by BGG Family LLC ("BGG"). Each of the reporting person and his spouse is a manager of BGG and has a 50% ownership interest in BGG.
F3 These shares are held by separate irrevocable trusts established for the benefit of the reporting person and the reporting person's children and grandchildren (collectively, the "Irrevocable Family Trusts"), of which the reporting person is the trustee. The amount shown is the aggregate number of shares held in the Irrevocable Family Trusts. No single Irrevocable Family Trust has more than one beneficiary. Because the reporting person is trustee of the Irrevocable Family Trusts, of which the beneficiaries are either the reporting person or his children or grandchildren, the reporting person is deemed to have a pecuniary interest in the Issuer's common stock held by the Irrevocable Family Trusts, pursuant to Rule 16a-8(b)(2)(ii).
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.05 to $9.50, inclusive. The reporting person undertakes to provide to LSB Industries, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by the Irrevocable Family Trusts on September 4, 2025.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.05 to $9.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by BGG on September 4, 2025.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.12, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by the Irrevocable Family Trusts on September 4, 2025.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.01 to $9.11, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales of shares of common stock reported on this Form 4 were effected pursuant to 10b5-1 trading plans adopted by BGG on September 4, 2025.
F8 These shares of common stock are owned of record by the reporting person's spouse. The reporting person disclaims beneficial ownership of the shares owned by his spouse.

Remarks:

The reporting person previously reported indirect ownership of shares held directly by Golsen Family, L.L.C. ("GFLLC") and by subsidiaries of Quad Capital, LLC ("Quad Capital"). The reporting person is not a controlling member of GFLLC or of Quad Capital and does not have or share investment control over the portfolio securities held by GFLLC or over the portfolio securities held by Quad Capital or its subsidiaries. Based on further review, this Form 4 does not include the shares held by GFLLC or by subsidiaries of Quad Capital, and the reporting person does not intend to report such shares as beneficially owned in future Section 16 reports.