BROWN RONALD D 4

What Happened

• Ronald D. Brown, a director of LSI Industries Inc. (LYTS), was granted 853 restricted stock units (RSUs) on July 1, 2026. The grant is reported at $26.39 per share, with a total reported value of $22,511. This transaction is an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; filing date (Form 4): 2026-07-06 (filed 5 days after the transaction; appears late vs. the 2-business-day Form 4 deadline).
• Grant details: 853 RSUs at $26.39 each; total reported value $22,511.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: RSUs vest one year from the grant date (these are restricted and typically not transferable or saleable until vesting).
• Transaction type: A = Award/Grant (not an immediate cash purchase or sale).

Context

• This is a compensation award to a director (common for non-employee directors). Because these are RSUs that vest in one year, they do not represent immediately tradable purchases and are primarily a form of deferred compensation rather than an immediate market signal.
• The late filing may be noteworthy for compliance tracking; it does not change the nature of the grant but could be of interest to governance-focused investors.