0001193125-26-182194
SEC filingLSB Industries granted CEO Mark T. Behrman a one-time retention award of 706,880 RSUs vesting on March 31, 2029, to align his interests with stockholders.
On April 24, 2026, the Compensation Committee of LSB Industries approved a one-time retention grant of 706,880 restricted stock units (RSUs) to Mark T. Behrman, the company's Chairman, President and CEO. The award is designed to further align Mr. Behrman's interests with those of stockholders and incentivize his continued contribution to the company's growth. Each RSU represents the right to receive one share of common stock (or cash equivalent) upon vesting. The RSUs cliff vest on March 31, 2029, subject to continued service. The award agreement provides for accelerated vesting upon a qualifying separation from service (termination without cause or resignation for good reason) not in connection with a change in control. In the event of death or total permanent disability, vesting treatment depends on whether it occurs before or after a change in control: full vesting if after, pro-rata if before. Dividend equivalents are credited and paid upon settlement of vested RSUs. This retention award underscores the board's commitment to retaining key leadership and ensuring management's long-term focus on shareholder value.