10% Owner Todd Boehly Sells $72.5M in LSB Industries Shares, Reducing Stake to 14.5%
summarizeSummary
Todd L. Boehly, a 10% owner, has sold 4.89 million shares of LSB Industries for $72.58 million, reducing his beneficial ownership to 14.5%.
check_boxKey Events
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Significant Share Sale by 10% Owner
Todd L. Boehly, through TLB-LSB, LLC, sold 4,889,159 shares of LSB Industries common stock on March 26, 2026.
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$72.58 Million Transaction Value
The shares were sold at a price of $14.85 per share, totaling approximately $72.58 million.
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Stake Reduced to 14.5%
Following the sale, Todd L. Boehly's beneficial ownership in LSB Industries decreased to 10,417,768 shares, representing approximately 14.5% of the outstanding common stock.
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Confirms Prior Intent to Sell
This filing finalizes the sale previously indicated by a Form 144 filed on March 27, 2026, which disclosed Boehly's intent to sell a similar number of shares.
auto_awesomeAnalysis
This Schedule 13D/A confirms the actual sale of a significant block of shares by Todd L. Boehly, a major 10% owner. The transaction, valued at approximately $72.58 million, represents a substantial reduction in his stake and follows a Form 144 filing indicating intent to sell. While Boehly remains a significant shareholder, this large disposition, representing over 30% of his prior holdings, could signal a shift in his investment thesis or a move to rebalance his portfolio, potentially creating an overhang on the stock.
At the time of this filing, LXU was trading at $15.78 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $4.88 to $17.22. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.