Chemical manufacturer LSB Industries has issued a new round of equity-based compensation to its executive team, a move designed to align management’s interests with long-term shareholder value. The awards, detailed in recent SEC filings, were granted as part of the company’s established 2025 Long Term Incentive Plan.
Executive Compensation Details
The filings show that the grants, consisting of time-based Restricted Stock Units (RSUs), became effective this past Wednesday. This form of compensation vests over time, incentivizing executives to focus on the company’s sustained performance.
Leading the recipients was President and Chief Executive Officer Mark T. Behrman, who was awarded 153,604 RSUs. This grant increases his direct holdings in the company to a total of 1,737,195 shares. Chief Financial Officer Cheryl Maguire received 29,462 RSUs, raising her total stake to 218,065 shares.
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Broad-Based Leadership Incentives
The incentive program extends across the company’s senior leadership, with six key executives participating. According to the regulatory disclosures, other significant grants included:
- Michael J. Foster, Executive Vice President & General Counsel: 26,545 RSUs
- Damien Renwick, Executive Vice President & Chief Commercial Officer: 25,115 RSUs
- Scott D. Bemis, Executive Vice President of Manufacturing: 10,584 RSUs
- Kristy Carver, Senior Vice President & Treasurer: 8,124 RSUs
For LSB Industries, a producer of nitrogen fertilizers and industrial chemicals, these grants represent the routine implementation of its compensation strategy for the current fiscal year. With this distribution complete, the framework for management incentives in 2025 is now established.
The ultimate value of these equity awards for the executives will be determined by the company’s future stock performance following the required vesting periods.
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