other material
confidence high
sentiment neutral
materiality 0.55
LSB Industries grants 2026 LTIP RSUs to six executives; CEO gets qualifying retirement acceleration
LSB INDUSTRIES, INC.
- CEO Mark Behrman receives 153,604 TRSUs and 153,604 PRSUs; CFO Cheryl Maguire gets 29,462 each.
- Performance-based PRSUs use return on net assets (first year) with payout 50%-200%, plus TSR modifier (80%-120%) over three years.
- Side letter with CEO Behrman: all outstanding and future equity awards accelerate upon qualifying retirement (age 63+5 yrs service, >1 yr post-grant).
- TRSUs vest ratably over three years; PRSUs vest after three years based on average annual performance and TSR modifier.
- Other executives include Michael Foster, Kristy Carver, Damien Renwick, and Scott Bemis with specific grant amounts.