SEC FORM 4

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

GOLSEN BARRY H

(Last)

(First)

(Middle)

P O BOX 705

(Street)

OKLAHOMA CITY

73101

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
LSB INDUSTRIES, INC. [ LXU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/08/2026		S		12,486	D	$9.09⁽¹⁾	115,468⁽²⁾	I	By Irrevocable Family Trusts⁽²⁾
Common Stock	01/08/2026		S		18,695	D	$9.06⁽³⁾	96,773⁽²⁾	I	By Irrevocable Family Trusts⁽²⁾
Common Stock	01/08/2026		S		87,772	D	$9.23⁽⁴⁾	189,355⁽⁵⁾	I	By BGG Family LLC⁽⁵⁾
Common Stock	01/09/2026		S		56,744	D	$9.1⁽⁶⁾	132,611⁽⁵⁾	I	By BGG Family LLC⁽⁵⁾
Common Stock								44,029⁽⁷⁾	I	By Revocable Trust⁽⁷⁾
Common Stock								693⁽⁸⁾	I	By Spouse⁽⁸⁾
Common Stock								3,568	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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 $9.24, inclusive. The reporting person undertakes to provide to LSB Industries, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of 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.

2. 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).

3. 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 $9.15, inclusive. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of 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.

4. 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 $9.33, 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.

5. 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. The amount reported includes 29,000 shares previously reported as beneficially owned by the Irrevocable Family Trusts.

6. 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 $9.28, 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.

7. 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.

8. 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.

	/s/ Barry H. Golsen	01/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Director Golsen Barry H sold $1,609,380 worth of shares (175,697 units at $9.16) (SEC Form 4)