Beech Robert P. 4
Research Summary
AI-generated summary
LSI Industries (LYTS) Director Robert P. Beech Receives 1,200 Shares
What Happened
- Robert P. Beech, a director of LSI Industries, received 1,200 shares as an award/grant on April 1, 2026. The grant is reported at $18.75 per share for a total reported value of $22,500. This is an acquisition via award (Form 4 transaction code A), not a market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Price used for reporting: $18.75 per share; Total value: $22,500.
- Transaction type: Award/Grant (Form 4 code A) — represents company-issued shares, typically part of compensation or board equity programs.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: 2026-04-03 — appears to be filed timely (within standard Form 4 reporting window).
- No footnotes, 10b5-1 plan, or tax-withholding details were provided in the supplied data.
Context
- An award/grant is different from an open-market purchase: it usually reflects compensation or a board equity award rather than an independent investment decision. Such grants can be informative about company compensation practices but do not necessarily indicate the insider’s personal market view.
- This report shows acquisition via grant only; there is no indication the shares were immediately sold (no cashless exercise or sale noted).