Bohn Christopher D 4

What Happened

• Christopher D. Bohn, President, CEO and Director of CF Industries (CF), had 10,452 performance restricted stock units (PRSUs) vest on 2026-02-27 (reported as an Award/Acquisition). The award is reported at $0.00 per share (award accounting), but using the $99.54 per-share figure applied to the withheld shares, the vested shares had an implied gross value of about $1.04M.
• To satisfy tax-withholding obligations on the vesting, Bohn surrendered 4,598 shares at $99.54 each (Disposition for tax withholding) for a reported value of $457,685. After withholding, he retained approximately 5,854 net shares.

Key Details

• Transaction dates: 2026-02-27 (vesting/award and tax-withholding surrender).
• Report filed: 2026-03-03 — filed within the standard 2 business-day Form 4 window for a Feb 27 transaction.
• Reported amounts/prices: Award of 10,452 shares @ $0.00 (A); 4,598 shares surrendered @ $99.54 (F) for $457,685.
• Net shares retained after withholding: ~5,854 (10,452 vested − 4,598 surrendered).
• Footnotes: F1 — shares were earned under a 2023 PRSU award based on performance for the 3-year period ending 12/31/2025 (determined by the Compensation & Management Development Committee). F2 — shares were surrendered to CF to satisfy tax withholding.
• Shares owned after the transaction: not disclosed in the excerpt provided.

Context

• This was not an open-market sale or purchase: it reflects PRSUs vesting (an award) and routine share surrender to cover tax withholding (cashless-style withholding), which is a common administrative step and not necessarily indicative of a change in insider conviction.
• For retail investors, vested awards add to an insider’s equity stake; the surrender simply fulfills tax obligations and is standard practice.