Galeese James E 4

What Happened

• James E. Galeese, Executive Vice President and Chief Financial Officer of LSI Industries Inc. (LYTS), was granted/acquired 2,463 common shares on 2026-06-30 under the company’s Non‑Qualified Deferred Compensation Plan (transaction code A = award/grant).
• The Form 4 lists the grant amount but not a single per‑share price; a filing footnote says shares were acquired during the quarters ended March 31 and June 30, 2026 at prices ranging $18.51 to $26.56, implying a total value roughly between $45,600 and $65,400 for the 2,463 shares.
• This is an award/acquisition through a deferred compensation arrangement (routine compensation/deferral activity) rather than an open‑market buy or sale.

Key Details

• Transaction date: 2026-06-30; filing date: 2026-07-01 (appears timely).
• Reported shares acquired: 2,463 (transaction code A — award/grant).
• Price: N/A on the line item; footnote F1: shares were acquired in the Non‑Qualified Deferred Compensation Plan at prices ranging $18.51–$26.56 during Mar and Jun 2026.
• Shares owned after transaction: not disclosed in the filing.
• Footnote to note: F1 explains these were plan acquisitions across the two quarters, not a single open‑market purchase.
• Filing timeliness: filed the day after the reported transaction date; no late-filing indication in the record provided.

Context

• Awards through deferred compensation plans are common forms of executive compensation or deferral of cash pay; they do not necessarily signal the insider is buying stock in the open market.
• For retail investors, purchases reported as open‑market acquisitions can carry more immediate interpretive weight than routine plan allocations; this filing documents compensation/deferral activity rather than a discretionary buy or sale.