# EDGAR Filing Document

**Accession Number:** 0001105838
**File Stem:** 0001140361-25-046602
**Filing Date:** 2025-12
**Character Count:** 34631
**Document Hash:** 4f26330691a8a5b2cca7867800467c21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-046602.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0001140361-25-046602

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LSB INDUSTRIES, INC.
- **CENTRAL INDEX KEY:** 0000060714
- **STANDARD INDUSTRIAL CLASSIFICATION:** INDUSTRIAL INORGANIC CHEMICALS [2810]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 731015226
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-17178
- **FILM NUMBER:** 251602235

**BUSINESS ADDRESS:**
- **STREET 1:** 3503 NW 63RD STREET
- **STREET 2:** SUITE 500
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73116-2238
- **BUSINESS PHONE:** 4052354546

**MAIL ADDRESS:**
- **STREET 1:** 3503 NW 63RD STREET
- **STREET 2:** SUITE 500
- **CITY:** OKLAHOMA CITY
- **STATE:** OK
- **ZIP:** 73116-2238

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LSB INDUSTRIES INC
- **DATE OF NAME CHANGE:** 19920703
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ROBOTTI ROBERT
- **CENTRAL INDEX KEY:** 0001105838

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 125 PARK AVENUE
- **STREET 2:** SUITE 1607
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

## Ex-2

------

SCHEDULE 13D

CUSIP No. 502160104

#### Exhibit 2

**Item 5.** **Interest in Securities of the Issuer**<br>

Item 5 of the Amended Statement is hereby amended and restated to read as follows:

(a)-(b) As of December 19, 2025, the aggregate number of shares of Common Stock and percentage of the outstanding Common Stock of the Issuer beneficially owned (i) by each of the Reporting Persons, and (ii) to the knowledge of the Reporting Persons, by each other person who may be deemed to be a member of a group, is as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Reporting Person | Aggregate<br> Number of Shares | Number of<br> Shares: Sole<br> Power to Vote<br> or Dispose | Number of<br> Shares: Shared<br> Power to Vote<br> or Dispose | Approximate Percentage\* |
| Robotti (1)(2)(3)(4)(6)(7) | 3528347 | 13000 | 3515347 | 4.89% |
| ROBT (1)(3)(4) | 3515347 | 0 | 3515347 | 4.89% |
| Robotti Advisors (1)(3)(6)(7) | 3502093 | 0 | 3502093 | 4.87% |
| Robotti Securities (1)(4) | 13254 | 0 | 13254 | \*\* |
| Suzanne Robotti (1)(5) | 13000 | 13000 | 0 | \*\* |
| RMC (1)(6)(7) | 2580649 | 0 | 2580649 | 3.59% |
| RIC (1)(6) | 1497508 | 0 | 1497508 | 2.08% |
| RI (1)(7) | 1083141 | 0 | 1083141 | 1.51% |

---

<sup>\*</sup> Based on the aggregate of (i) 71,944,499 shares of Common Stock, Par Value $.10 per share, outstanding as of October 24, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on October 30, 2025.

<sup>\*\*</sup> Less than 1%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Each of the Reporting Persons disclaims beneficial ownership of the securities held by any other Reporting Person except to the extent of such Reporting Person's pecuniary interest therein, if any.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Mr. Robotti has the sole power to vote or direct the vote, and the sole power to dispose or direct the disposition, of 13,000 shares of Common Stock directly beneficially held by him personally.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Each of Mr. Robotti and ROBT share with Robotti Advisors the power to vote or direct the vote, and to dispose or direct the disposition, of 3,502,093 shares of Common Stock directly beneficially owned by the advisory clients of Robotti Advisors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Each of Mr. Robotti and ROBT share with Robotti Securities the power to vote or direct the vote, and to dispose or direct the disposition, of 13,254 shares of Common Stock directly beneficially owned by Robotti Securities and the discretionary customers of Robotti Securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) Mrs. Suzanne Robotti has the power to vote or direct the vote, and to dispose or direct the disposition, of 13,000 shares of Common Stock directly beneficially held by her personally.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) Each of Mr. Robotti, ROBT, Robotti Advisors and RMC share with RIC the power to vote or direct the vote, and to dispose or direct the disposition, of 1,497,508 shares of Common Stock directly beneficially owned by RIC.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) Each of Mr. Robotti, ROBT, Robotti Advisors and RMC share with RI the power to vote or direct the vote, and to dispose or direct the disposition, of 1,083,141 shares of Common Stock directly beneficially owned by RIC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The table below lists all the transactions in the Issuer's Common Stock effected during the sixty days prior to the event requiring the filing of this Statement. All transactions were made in the open market and do not reflect commissions or other expenses.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Transactions in Shares\*** | **Transactions in Shares\*** | **Transactions in Shares\*** | **Transactions in Shares\*** | **Transactions in Shares\*** | **Transactions in Shares\*** |
| Party | Date of<br> Purchase/<br> Sale | Number of<br> Shares of the<br> Common Stock | Buy/<br> Sell | Weighted<br> Average<br> Price | Price Range\*\* |
| Robotti Advisor's Advisory Clients | 11/10/2025 | 470 | Sell | $9.27060 | $9.2706-$9.2706 |
| RIC | 11/25/2025 | 36000 | Sell | $9.01300 | $8.9536-$9.05 |
| RI | 11/25/2025 | 24000 | Sell | $9.01300 | $8.9536-$9.05 |
| RIC | 11/26/2025 | 48000 | Sell | $8.83640 | $8.795-$8.92 |
| RI | 11/26/2025 | 32000 | Sell | $8.83640 | $8.795-$8.92 |
| RIC | 11/28/2025 | 27000 | Sell | $8.93230 | $8.90-$8.97 |
| RI | 11/28/2025 | 18000 | Sell | $8.93230 | $8.90-$8.97 |
| RIC | 12/1/2025 | 102955 | Sell | $9.11640 | $9.01-$9.26 |
| RI | 12/1/2025 | 17045 | Sell | $9.11640 | $9.01-$9.26 |
| RIC | 12/2/2025 | 128693 | Sell | $9.60120 | $9.40-$9.885 |
| RI | 12/2/2025 | 21307 | Sell | $9.60120 | $9.40-$9.885 |
| RIC | 12/3/2025 | 85796 | Sell | $9.60490 | $9.48-$9.6851 |
| RI | 12/3/2025 | 14204 | Sell | $9.60490 | $9.48-$9.6851 |
| RIC | 12/4/2025 | 60057 | Sell | $9.16110 | $9.05-$9.29 |
| RI | 12/4/2025 | 9943 | Sell | $9.16110 | $9.05-$9.29 |
| Robotti Advisor's Advisory Clients | 12/19/2025 | 2640 | Sell | $8.71720 | $8.7101-$8.74 |
| Robotti Advisor's Advisory Clients | 12/19/2025 | 1750 | Sell | $8.71170 | $8.66-$8.825 |
| RIC | 12/19/2025 | 50472 | Sell | $8.71170 | $8.66-$8.825 |
| RI | 12/19/2025 | 33648 | Sell | $8.71170 | $8.66-$8.825 |

---

\*During the sixty days prior to the date set forth on the cover page, one or more accounts held by discretionary customers of Robotti Securities terminated discretionary authority of 1,400 shares of the Common Stock.

\*\*The Reporting Persons undertake to provide upon request by the Commission staff full information regarding the number of shares sold at each separate price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Robotti Advisors' advisory clients and Robotti Securities' discretionary customers have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the Common Stock owned by them. Except as set forth in the immediately preceding sentence, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares of Common Stock beneficially owned by the Reporting Persons. No advisory client or discretionary customer is known to any Reporting Person to have, and except as otherwise set forth herein no Reporting Person has, the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of the Issuer's Common Stock.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The Reporting Persons cease to be the beneficial owner of more than five percent of the class of securities on December 19, 2025.

------

## Ex-3

------

SCHEDULE 13D

CUSIP No. 502160104

#### Exhibit 3

#### Joint Filing Agreement

The undersigned parties hereby agree to the joint filing of the Statement on Schedule 13D filed herewith, and any amendments hereto, relating to shares of Common Stock, Par Value $.10 per share of Tidewater, Inc. with the Securities and Exchange Commission pursuant to Rule 13d-1(k).

Date: December 19, 2025

---

| | | | |
|:---|:---|:---|:---|
| /s/ Robert E. Robotti | /s/ Robert E. Robotti | /s/ Suzanne Robotti | /s/ Suzanne Robotti |
| Robert E. Robotti | Robert E. Robotti | Suzanne Robotti | Suzanne Robotti |
| Robotti & Company, Incorporated | Robotti & Company, Incorporated | Robotti & Company Advisors, LLC. | Robotti & Company Advisors, LLC. |
| By: | /s/ Robert E. Robotti | By: | /s/ Robert E. Robotti |
|  | Name: Robert E. Robotti |  | Name: Robert E. Robotti |
|  | Title: President and Treasurer |  | Title: President and Treasurer |
| Robotti Securities, LLC | Robotti Securities, LLC | Ravenswood Management Company, LLC | Ravenswood Management Company, LLC |
| By: | /s/ Robert E. Robotti | By: | /s/ Robert E. Robotti |
|  | Name: Robert E. Robotti |  | Name: Robert E. Robotti |
|  | Title: President and Treasurer |  | Title: Managing Director |
| The Ravenswood Investment Company L.P. | The Ravenswood Investment Company L.P. | Ravenswood Investments III, L.P. | Ravenswood Investments III, L.P. |
| By: | Ravenswood Management Company, LLC, General Partner | By: | Ravenswood Management Company, LLC, General Partner |
| By: | /s/ Robert E. Robotti | By: | /s/ Robert E. Robotti |
|  | Name: Robert E. Robotti |  | Name: Robert E. Robotti |
|  | Title: Managing Director |  | Title: Managing Director |

---

------

## Exhibit 99.1

------

SCHEDULE 13D

CUSIP No. 502160104

#### Schedule A

The following table sets forth certain information concerning each of the directors and executive officers of each of the entities named below as of the date hereof.

---

| | |
|:---|:---|
| Robotti & Company | Robotti & Company |
| Name: | Robert E. Robotti |
|  | (Director, President, Treasurer) |
| Citizenship | U.S.A. |
| Principal Occupation: | President and Treasurer, Robotti & Company, Incorporated |
| Business Address: | 125 Park Avenue, Suite 1607, New York, New York 10017 |
| Name: | Nancy Seklir |
|  | (Director) |
| Citizenship: | U.S.A. |
| Principal Occupation: | Retired |
| Business Address: | c/o Robotti & Company, Incorporated<br> 125 Park Avenue, Suite 1607, New York, New York 10017 |
| Name: | Kenneth R. Wasiak |
|  | (Director) |
| Citizenship | U.S.A. |
| Principal Occupation: | Retired |
| Business Address: | 104 Gloucester Road, Massapequa, New York 11758 |
| Name: | Suzanne Robotti |
|  | (Director) |
| Citizenship | U.S.A. |
| Principal Occupation: | Founder, Medshadow Foundation |
| Business Address: | 125 Park Avenue, Suite 1607, New York, New York 10017 |
| Name: | Erwin Mevorah |
|  | (Vice President, Secretary) |
| Citizenship | U.S.A. |
| Principal Occupation: | Vice President and Secretary, Robotti & Company, Incorporated |
| Business Address: | 125 Park Avenue, Suite 1607, New York, New York 10017 |

---

------

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**LSB INDUSTRIES INC**

*(Name of Issuer)*

**Common Stock, Par Value $.10 Per Share**

*(Title of Class of Securities)*

**502160104**

*(CUSIP Number)*

**Robert E. Robotti**<br>c/o Robotti & Company, Incorporated<br>125 Park Avenue, Suite 1607<br>New York NY 10017<br>212-986-4800

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/19/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**ROBOTTI ROBERT** | Name of reporting person<br>**ROBOTTI ROBERT** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**13000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**3515347.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**13000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**3515347.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3528347.00** | Aggregate amount beneficially owned by each reporting person<br>**3528347.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**4.9%** | Percent of class represented by amount in Row (11)<br>**4.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Robotti & Company, Incorporated** | Name of reporting person<br>**Robotti & Company, Incorporated** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEW YORK** | Citizenship or place of organization<br>**NEW YORK** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**3515347.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**3515347.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3515347.00** | Aggregate amount beneficially owned by each reporting person<br>**3515347.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**4.9%** | Percent of class represented by amount in Row (11)<br>**4.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Robotti & Company Advisors, LLC** | Name of reporting person<br>**Robotti & Company Advisors, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEW YORK** | Citizenship or place of organization<br>**NEW YORK** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**3502093.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**3502093.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3502093.00** | Aggregate amount beneficially owned by each reporting person<br>**3502093.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**4.9%** | Percent of class represented by amount in Row (11)<br>**4.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Robotti Securities, LLC** | Name of reporting person<br>**Robotti Securities, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEW YORK** | Citizenship or place of organization<br>**NEW YORK** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**13254.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**13254.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**13254.00** | Aggregate amount beneficially owned by each reporting person<br>**13254.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**BD** | Type of Reporting Person (See Instructions)<br>**BD** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Suzanne Robotti** | Name of reporting person<br>**Suzanne Robotti** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**13000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**13000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**13000.00** | Aggregate amount beneficially owned by each reporting person<br>**13000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0%** | Percent of class represented by amount in Row (11)<br>**0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ravenswood Management Company, LLC** | Name of reporting person<br>**Ravenswood Management Company, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEW YORK** | Citizenship or place of organization<br>**NEW YORK** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**2580649.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**2580649.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2580649.00** | Aggregate amount beneficially owned by each reporting person<br>**2580649.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**3.6%** | Percent of class represented by amount in Row (11)<br>**3.6%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**The Ravenswood Investment Company L.P.** | Name of reporting person<br>**The Ravenswood Investment Company L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1497508.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1497508.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1497508.00** | Aggregate amount beneficially owned by each reporting person<br>**1497508.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**2.1%** | Percent of class represented by amount in Row (11)<br>**2.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

| **CUSIP No.** | **502160104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Ravenswood Investments III, L.P.** | Name of reporting person<br>**Ravenswood Investments III, L.P.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**NEW YORK** | Citizenship or place of organization<br>**NEW YORK** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**1083141.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**1083141.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1083141.00** | Aggregate amount beneficially owned by each reporting person<br>**1083141.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**1.5%** | Percent of class represented by amount in Row (11)<br>**1.5%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, Par Value $.10 Per Share

**(b) Name of Issuer:**
LSB INDUSTRIES INC

**(c) Address of Issuer's Principal Executive Offices:**
3503 NW 63rd Street, Suite 500, Oklahoma City, OK, 73116

This Statement on Schedule 13D Amendment No. 1 (this "Statement") is filed on behalf of the Reporting Persons with the Securities and Exchange Commission (the "Commission").  This statement amends the Initial Statement of Beneficial Ownership on Schedule 13D (the "Initial Statement") relating to shares of the Common Stock par value $0.10 per share (the "Common Stock"), of LSB Industries, Inc. (the "Issuer"), filed on August 7, 2023 with the Commission, as specifically set forth herein (as so amended, the "Amended Statement"). Capitalized terms used herein and not otherwise defined herein shall have the same meanings ascribed to them in the Initial Statement.

**Item 4. Purpose of Transaction**

Item 4 of the Amended Statement is hereby restated to read as follows:

(a)-(j).  The Common Stock has been acquired by the Reporting Persons for investment purposes and was not acquired with the intent to change or influence control of the Issuer or to participate in any transaction having that purpose or effect except as set forth herein.  The Reporting Persons reserve the right to change their plan and intentions at any time as they deem appropriate.

Presently the Reporting Persons have no plans or proposals which would relate or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D except as set forth herein.

The Reporting Persons, as long-term, buy-and-hold, supportive, active owners, will frequently engage with management, boards of directors, and fellow shareholders of our portfolio companies. Some or all of the Reporting Persons have been invested in the Issuer since 2010 through thick and thin.  Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, business and market conditions, the Reporting Persons' continuing evaluation of the business and prospects of the Issuer, the price levels of the securities of the Issuer, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their respective investments in the Issuer as they deem appropriate, directly or through their affiliates, including, without limitation, making proposals concerning M&A activity, changes to the capitalization, ownership structure, Board composition or operations of the Issuer, talking with potential consolidation partners, continuing to hold additional securities of the Issuer, purchasing additional securities of the Issuer, selling some or all of their securities of the Issuer or engaging in short selling of or any hedging or similar transaction with respect to the securities of the Issuer, or changing their intention with respect to any and all matters referred to in Item 4.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5 of the Amended Statement is hereby amended and restated to read as follows:

See Exhibit 2

**(b)**
See Exhibit 2

**(c)**
See Exhibit 2

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 of the Amended Statement is hereby amended and restated to read as follow:

Each of the Reporting Persons is a party to a Joint Filing Agreement dated as of December 19, 2025 (the "Joint Filing Agreement"), pursuant to which the Reporting Persons agreed to jointly file this Statement and any and all amendments and supplements hereto with the Commission.  The Joint Filing Agreement is filed herewith as Exhibit 3 and incorporated herein by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** ROBOTTI ROBERT

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Robotti & Company, Incorporated

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti,President and Treasurer

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Robotti & Company Advisors, LLC

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti,President and Treasurer

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Robotti Securities, LLC

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti,President and Treasurer

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Suzanne Robotti

**Signature:** /s/ Suzanne Robotti

**Name/Title:** Suzanne Robotti

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Ravenswood Management Company, LLC

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti,Managing Director

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** The Ravenswood Investment Company L.P.

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti, Managing Director

**Date:** 12/19/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Ravenswood Investments III, L.P.

**Signature:** /s/ Robert E. Robotti

**Name/Title:** Robert E. Robotti,Managing Director

**Date:** 12/19/2025