Caneris Thomas A 4

What Happened
Thomas A. Caneris, EVP, HR and General Counsel of LSI Industries Inc. (LYTS), acquired 3,925 common shares on 2026-06-30. The Form 4 reports the transaction as an award/acquisition (code A) with per-share price listed as N/A; a footnote states shares were acquired under the company's Non‑Qualified Deferred Compensation Plan during the quarters ended March 31, 2026 and June 30, 2026 at prices ranging from $18.51 to $26.56 — implying an approximate aggregate value of $72,700 to $104,200 for the 3,925 shares. This was an acquisition via a compensation/deferral plan, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Form 4 filed 2026-07-01 (timely filing).
• Shares acquired: 3,925 common shares (transaction code A — award/acquisition).
• Reported per‑share price: N/A on the report; footnote F1 lists acquisition prices during the relevant quarters of $18.51–$26.56.
• Estimated value based on footnote range: roughly $72.7k–$104.2k.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: F1 — shares acquired through LSI’s Non‑Qualified Deferred Compensation Plan.
• Filing timeliness: filed within the typical two-business-day Form 4 window (not late).

Context
Acquisitions through non‑qualified deferred compensation plans commonly reflect executive compensation elections or company plan mechanics rather than active market buying or selling. Such awards increase the insider’s holdings but do not necessarily indicate a new, discretionary investment decision.